The Latest Breaking News from Bank of Israel

The Palestinian economy is struggling. In the West Bank, the problem is too much cash

In most places, cash is king

The Independent UK · Jul 20

Bank Of Israel To Replace TELBOR With New Rate

Bank of Israel to replace Telbor with new overnight interest rate mechanism by mid-2025 for a more reliable and transparent benchmark.

Top News · Apr 17, 2024

Israel's economy to rebound post Moody's cut, action needed: Yaron

Discover why Israel's economy is predicted to recover despite a recent Moody's cut. Insightful analysis on the necessary actions to ensure progress.

Top News · Feb 11, 2024

Bank of Israel governor says judicial reform could hurt economy – reports

Amir Yaron said to have warned PM that erasing democratic checks and balances could deter crucial foreign investment

The Guardian - UK · Jan 25, 2023

Central bank policymaker quits to fight Israel's judicial overhaul

A member of the Bank of Israel's Monetary Committee has quit in order to fight the new right-wing government's contested plan to overhaul the judiciary, Calcalist newspaper reported on Monday.

Reuters · Jan 23, 2023

Living costs top worry for Israeli voters stuck in election treadmill

Israelis are as fed-up with soaring prices as they are with the country's seemingly never ending elections. In the Nov. 1 ballot - a fifth in less than four years - steep living costs, exacerbated by record inflation, are top priority for voters.

Reuters · Oct 13, 2022

Israel Finance Minister seeks transfer of Russian funds to immigrants

Israeli Finance Minister Avigdor Lieberman is looking for ways to enable Russian immigrants to access their bank accounts in Russia and transfer money to Israel, a senior ministry source said on Tuesday.

Reuters · Jul 19, 2022

Israel Inflation Rate Seen Reaching 14-Year High of 4.5% In June

Israel's inflation rate in June is expected to reach its highest level in nearly 14 years and maintain pressure on policymakers to keep raising interest rates aggressively. The consumer price index (CPI) in June was likely 4.5% higher than a year earlier, according to a Reuters poll of economists. That…

Asharq Al-Awsat · Jul 14, 2022

Another election puts Israel's efforts to reduce cost of living on back burner

Israel's economy is expected to be resilient during yet another election cycle, but households will suffer as reforms to reduce the cost of living are likely to be shelved and state spending will be scaled back until a 2023 budget is approved.

Reuters · Jun 23, 2022