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Shekel-Dollar Rate Sinks Below 3.53

3 Elul 5773 – August 8, 2013
The American dollar’s worldwide weakness helped drive down the shekel-dollar rate to below 3.53 shekels to the dollar Thursday, the lowest level since September...

Search On Again For Bank of Israel Governor

27 Av 5773 – August 2, 2013
Professor Leo Leiderman withdrew his candidacy for governor of the Bank of Israel, just two days before his election was to be announced. Leiderman's withdrawal...

Professor Leo Leiderman to be Next Bank of Israel Governor

25 Av 5773 – July 31, 2013
Prime Minister Benjamin Netanyahu and Finance Minister Yair Lapid have decided to appoint Professor Leo Leiderman as the new governor of the Bank of...

Bottle of Cologne Stands in Way of Frenkel as Bank Governor

8 Av 5773 – July 15, 2013
An alleged shoplifting incident in Hong Kong in 2006 has become a major issue over whether Yaakov Frenkel will return to his former post...

Bank of Israel Orders 50 Percent Cut in Bank Fees

2 Av 5773 – July 8, 2013
The Bank of Israel ordered on Monday a 50 percent cut in fees Israel’s banks charge customers’ checking accounts. The banks make money, piles of...

Fischer: I Don’t Know Everything but Israel Must Do More for Peace

22 Tammuz 5773 – June 30, 2013
Outgoing Governor of the Bank of Israel Stanley Fischer admitted that he does not understand everything in Israel but after only eight years in...

Stanley Fischer Hospitalized Overnight

18 Tammuz 5773 – June 26, 2013
Outgoing Governor of the Bank of Israel Stanley Fischer was rushed to a Tel Aviv hospital Tuesday night after complaining of exhaustion, but he...

Prof. Yaakov Frankel to Return as Head of Bank of Israel

16 Tammuz 5773 – June 23, 2013
The money markets can relax. There is economic growth after Stanley Fischer, who has decided that Israel is not his home. Prof. Yaakov Frenkel, who once headed the Bank of Israel, is returning.

Netanyahu Wants Harvard Prof. Helpman as New Head of Bank

13 Tammuz 5773 – June 20, 2013
Prime Minister Binyamin Netanyahu is trying to recruit Harvard Prof. Elkhanan Helpman, who previously moved to Israel form the Soviet Union, to replace Stanley...

World Financial Honchos to Attend $30,000 Bye-Bye Bash to Fischer

22 Sivan 5773 – May 31, 2013
Former U.S. Secretary of the Treasury Larry Summers will join several other world financial leaders on June 18 for a $30,000 farewell party for...

Dizzy Dollar Dumps the Shekel

14 Sivan 5773 – May 22, 2013
The shekel-dollar rate has soared 4 percent in the past two weeks, with the latest jump today (Wednesday) prompted by expectations that the Bank...

Fisher’s Assessment: ‘The State of Israel’s Economy is Very Good’

19 Iyyar 5773 – April 28, 2013
Though it can boast many achievements, in Fisher's view, 'The state of Israel’s economy is very good, not excellent as it was in recent years.'

Fischer Launches New War on Shekel-Dollar Rate

28 Nisan 5773 – April 8, 2013
Bank of Israel Governor Stanley Fischer launched a new war on the falling shekel-dollar rate Monday and ordered the purchase of $100 million of...

Europe’s Financial Crisis Weighs on Israel’s Economic Outlook

4 Av 5772 – July 23, 2012
Israel is watching the continuing debt European debt crisis warily, as the European Union is Israel's top trading partner. But despite Europe's economic woes and trepidation in Israel, the EU is set to intensify relations with Israel by approving up to 60 new cooperative initiatives, according to AFP.

Bank of Israel 2011 Report: Economy Grew by 4.7%, Dealt Successfully with Significant Difficulties

6 Nisan 5772 – March 28, 2012
Prime Minister Benjamin Netanyahu: "The Israeli economy grew more than most Western economies, almost 2.5 times the OECD average...In contrast to the collapsing economies around us, Israel's credit rating was upgraded last year."

Israel: World’s Safest Place to Invest

28 Shevat 5772 – February 21, 2012
Israel is the most likely country in the developed world to provide riskless returns on investments, according to a report in Bloomberg Businessweek.

Bank of Israel Commemorative Coin Wins Coin of the Year

22 Tevet 5772 – January 17, 2012
Coin voted best among 95 coins.

Saudi Hacker Publicizes 11,000 More Israeli Credit Card Numbers

11 Tevet 5772 – January 5, 2012
The hacker, going by the username ‘0xOmar’, said he has an additional 60,000 numbers he intends to release.

Bank of Israel: 15,000 Stolen Credit Cards Will Be Protected

8 Tevet 5772 – January 3, 2012
The Bank of Israel assured the 15,000 Israelis whose credit card numbers were posted online by a group of Saudi hackers they they will not have to pay for fraudulent charges on their cards.

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