Bank Of Israel

News for Bank Of Israel

New Bank of Israel governor: It's a tremendous honor

New Bank of Israel governor: It's a tremendous honor

Cabinet approves Amir Yaron as the next governor of the Bank of Israel.Arutz Sheva Staff, 19/11/2018 03:08
University of Penn. economist cleared to head Bank of Israel

University of Penn. economist cleared to head Bank of Israel

US-based academic cleared by vetting committee to replace Karnit Flug as Israel's top banker.Tzvi Lev, 08/11/2018 21:03
From Pennsylvania to the Bank of Israel

From Pennsylvania to the Bank of Israel

Professor from Donald Trump's alma mater tapped to replace Karnit Flug as governor of Bank of Israel.Hezki Baruch, 09/10/2018 14:59
Way paved for appointing Chief of Staff and Commissioner

Way paved for appointing Chief of Staff and Commissioner

Newly elected Institute of Certified Public Accountants in Israel President retires from Senior Appointments Advisory Committee.Mordechai Sones, 12/09/2018 14:10
Who will be the next Bank of Israel Governor?

Who will be the next Bank of Israel Governor?

Netanyahu and Kahlon interview two candidates, expected to interview third candidate today, but candidates' list not finalized.Mordechai Sones, 19/08/2018 16:34
Bank of Israel Governor will not seek second term

Bank of Israel Governor will not seek second term

Dr. Karnit Flug informs PM Netanyahu she will not stand as a candidate for an additional term as Governor of the Bank of Israel.Elad Benari, Canada, 06/07/2018 22:13
Bank of Israel hosts discussion on Israeli, Swiss economies

Bank of Israel hosts discussion on Israeli, Swiss economies

Chairman of the Governing Board of the Swiss National Bank visits Israel, meets with the Governor of the Bank of Israel.Arutz Sheva Staff, 28/12/2017 14:13
'Hell is truth seen too late'

'Hell is truth seen too late'

On truth and the Arab-Israeli conflict in an interview with L'Informale: "We need strategic public diplomacy effort funded by least 1% of state budget."Dr. Martin Sherman, 07/08/2017 11:59
'Israel's economy doing well, without a doubt'

'Israel's economy doing well, without a doubt'

Bank of Israel presents annual report, President Rivlin says Israel's economy is good, but Israel must 'monitor economic processes closely.'Arutz Sheva Staff, 29/03/2017 14:51
Bank of Israel releases designs for new bills with Hebrew poets

Bank of Israel releases designs for new bills with Hebrew poets

Images of female Hebrew poets featured on the new designs of the 20- and 100-shekel bills released by The Bank of Israel.JTA, 03/02/2017 01:33
Bank of Israel to keep interest rates at 0.1%

Bank of Israel to keep interest rates at 0.1%

The Bank of Israel announced it is keeping their interest rate at 0.1% for the month of January. Growth and inflation remain healthy.Shlomo Vile, 26/12/2016 19:48
Israeli sovereignty and Arab responses

Israeli sovereignty and Arab responses

The death of the two state solution opens other options, for good and for bad.Dr. Mordechai Nisan, 31/07/2016 21:11
Bibi calls to unleash Israel's economic potential

Bibi calls to unleash Israel's economic potential

Bank of Israel report signals strong, stable economy. PM calls to slash bureaucracy and unleash wave of economic growth.David Rosenberg, 03/04/2016 14:17
End of the housing bubble?

End of the housing bubble?

Steady rise in price of housing has finally halted. But is this just a pause or the sign of a long term change?David Rosenberg, 22/02/2016 17:23
Negative interest rates: Could Israel be next?

Negative interest rates: Could Israel be next?

With deepening deflation despite soaring housing prices, will Israel be the next country to try extreme monetary policies?David Rosenberg, 16/02/2016 08:02
Forged 200 shekel bills discovered

Forged 200 shekel bills discovered

Five residents of Bedouin town in northern Israel arrested after using counterfeit bank notes at gas stations across Upper Galilee.Cynthia Blank, 07/01/2016 10:58
Deri: Israel 'discriminates' against Mizrahim

Deri: Israel 'discriminates' against Mizrahim

Shas chairman Aryeh Deri demands faces on newly designed shekel bills include some Israelis of Middle Eastern descent.Moshe Cohen, 26/11/2015 08:12
New blue NIS 200 bills ready for prime time

New blue NIS 200 bills ready for prime time

The Bank of Israel on Monday officially unveiled its new design for NIS 200 bills, and said it would start distributing them soon.Moshe Cohen, 23/11/2015 17:13
Bank Expected to 'Goose' Economy With Rate Slash

Bank Expected to 'Goose' Economy With Rate Slash

The Bank of Israel is expected to cut interest rates further, in order to prompt spending in Israel's weak economy.Moshe Cohen, 24/09/2015 08:42
Israel's Gaza War Losses Made Up by Gas Money

Israel's Gaza War Losses Made Up by Gas Money

Operation Protective Edge's financial impact totally covered by mass profits from Israel's new natural gas deposits.Moshe Cohen, 09/04/2015 15:16
Shekel Still on the Rise

Shekel Still on the Rise

After BOI says it won't lower interest rate, shekel-dollar rate dips to NIS 3.93 per dollar.Gil Ronen, 24/03/2015 11:34
'Don't Fight the Fed,' Bank of Israel Learns Again

'Don't Fight the Fed,' Bank of Israel Learns Again

The shekel fell when the Bank of Israel slashed interest rates - and rose again, when the Federal Reserve didn't do anything.Yaakov Levi, 25/02/2015 18:49
Prices Deflate 0.3% in January, as Trend Continues

Prices Deflate 0.3% in January, as Trend Continues

The newest scourge of economists, deflation, hit Israel in a big way in January. In a trend that began in 2014.Yaakov Levi, 16/02/2015 01:15
Bank of Israel Seeks Major Tax Raise

Bank of Israel Seeks Major Tax Raise

Israel is in the budgetary hole for NIS 18 billion (over $4 billion) – and the only way out, say the Bank of Israel, is to raise taxes.Yaakov Levi , 04/02/2015 18:18
'Ariel for Israel, Umm el-Fahm for Palestine'

'Ariel for Israel, Umm el-Fahm for Palestine'

Avigdor Liberman says Yisrael Beytenu will join any government which supports its controversial 'transfer' plan, with major land swaps.Yaakov Levi, 15/01/2015 11:58
Bank of Israel Bought $7 Billion in 2014

Bank of Israel Bought $7 Billion in 2014

The Bank of Israel in 2014 bought over $7 billion in an effort to prop up the value of the dollar versus the shekel.Moshe Cohen, 07/01/2015 17:45
Research Shows Young Couples Struggle to Buy Homes

Research Shows Young Couples Struggle to Buy Homes

Prices soar with salaries not meeting the rise, leaving young couples less able to become homeowners amid noted gap in income brackets.Ari Yashar, 01/12/2014 14:26
Experts: Shekel Likely to Continue Sinking

Experts: Shekel Likely to Continue Sinking

The “bottom” for the shekel is a long way off, say foreign currency experts, with the dollar expected to continue strengthening.Moshe Cohen, 27/11/2014 12:52
Nearly 2/3 of Israelis are Often Overdrawn

Nearly 2/3 of Israelis are Often Overdrawn

Shocking figures reveal many Israelis living constantly in the red; Bank of Israel wants to know why.Hillel Fendel, 03/11/2014 15:27
Bank of Israel Unveils New 50 Shekel Bill

Bank of Israel Unveils New 50 Shekel Bill

50 shekel (almost $15) banknote presented ahead of its entry to circulation; features likeness of Hebrew poet Shaul Tchernichovsky.Ari Yashar, 10/09/2014 14:55
Poll: Israelis Woefully Ignorant of Economic ABCs

Poll: Israelis Woefully Ignorant of Economic ABCs

The richer you are, the more likely you are to know about basic economic and financial principles - and that's a real problem.Sarah Leah Lawent, 09/09/2014 13:43
$100 Million BOI Buy Not Enough to Prop Up Dollar

$100 Million BOI Buy Not Enough to Prop Up Dollar

Even a $100 million purchase by the Bank of Israel couldn't prop up the sagging dollar.Yosef Berger, 08/05/2014 13:17
Bank of Israel Warns against Bitcoin

Bank of Israel Warns against Bitcoin

Financial institutions warn Bitcoin is fertile ground for fraudulent activities, and highly volatile.Arutz Sheva staff, 19/02/2014 14:28
Housing Crisis Continues: Prices Up by Another 8%

Housing Crisis Continues: Prices Up by Another 8%

Housing prices rose 8% in 2013. Price hike follows doubling in price over seven previous years.Maayana Miskin, 02/02/2014 16:18
Bank Fees Down in 2013

Bank Fees Down in 2013

Bank of Israel report lists banks with the highest, lowest fees for 2013.Maayana Miskin, 02/01/2014 16:07
Bank of Israel: Fewer Services, More Taxes Likely

Bank of Israel: Fewer Services, More Taxes Likely

Israelis are set to face a “double whammy” in 2014, with budget cuts affecting many services along with higher taxes.David Lev, 30/12/2013 00:44
Bank of Israel: Israelis Pay Less Tax, Get Less

Bank of Israel: Israelis Pay Less Tax, Get Less

Bank of Israel finds Israelis pay less tax than others in OECD - and get less from the government.Maayana Miskin, 08/12/2013 15:19
BOI Chief Appointment a 'Disaster', Admits Lapid

BOI Chief Appointment a 'Disaster', Admits Lapid

"I don't mind apologizing to Karnit Flug" for the lengthy appointment process, says Finance Minister.Elad Benari, 21/10/2013 03:13
Flug: Challenges Abound for Bank, Economy

Flug: Challenges Abound for Bank, Economy

The new Governor of the Bank of Israel, Karnit Flug, said she appreciated the vote of confidence the country's leaders had given heRDavid Lev, 21/10/2013 00:14
Next Band of Israel Governor: Karnit Flug

Next Band of Israel Governor: Karnit Flug

Acting Bank of Israel governor is appointed to prestigious post.Maayana Miskin, 20/10/2013 14:39
Israel 'Saves' NIS 4 Billion on Deficit, BOI Says

Israel 'Saves' NIS 4 Billion on Deficit, BOI Says

Thanks to good fiscal management, Israel's deficit will be less than had been expected, the Bank of Israel saidDavid Lev, 17/10/2013 19:33
Netanyahu and Lapid Can't Agree on BOI Governor

Netanyahu and Lapid Can't Agree on BOI Governor

PM and Finance Minister meet, don't agree on next Bank of Israel Governor. Official announcement expected by Sunday.Elad Benari, 17/10/2013 03:14
Bank of Israel Slashes Interest Rates; Down to 1%

Bank of Israel Slashes Interest Rates; Down to 1%

In what economists said was a surprise move, the Bank of Israel lowered the prime interest rate Monday to 1%.David Lev, 23/09/2013 16:33
New Bank Chairman Candidate 'Clean,' Says Daughter

New Bank Chairman Candidate 'Clean,' Says Daughter

After two “strikes,” the Bank of Israel candidacy issue may finally be resolved, with Professor Mario Blecher slated to take the jobDavid Lev, 11/08/2013 09:13
Leiderman: It Would've Been a Nightmare

Leiderman: It Would've Been a Nightmare

Prof. Leo Leiderman, who withdrew his candidacy for Bank of Israel Governor, says he withdrew in order to save himself from “a nightmare”.Elad Benari, 05/08/2013 04:16
New Bank of Israel Head Withdraws Candidacy

New Bank of Israel Head Withdraws Candidacy

Just two days after his appointment was announced, Prof. Leo Leiderman withdrew his candidacy for governor of the Bank of Israel.Elad Benari, Canada, 02/08/2013 20:28
New Bank of Israel Chief Announced

New Bank of Israel Chief Announced

The chief economist at Israel’s Bank Hapoalim, Professor Leo Leiderman, will become the next governor of the Bank of Israel.Rina Tzvi , 01/08/2013 00:15
PM, Lapid: Frenkel a Victim of 'Wagging Tongues'

PM, Lapid: Frenkel a Victim of 'Wagging Tongues'

Yaakov Frenkel announced Monday night that he would not be taking the job of Bank of Israel chairmanDavid Lev, 29/07/2013 20:55
Fischer Taken to Hospital After Feeling Unwell

Fischer Taken to Hospital After Feeling Unwell

Outgoing Bank of Israel Governor is suffering from dehydration and exhaustion, says the Tel Hashomer Hospital.Elad Benari, 26/06/2013 01:14
July Interest Rate 1.25% Amid Praises for Frenkel

July Interest Rate 1.25% Amid Praises for Frenkel

Israel’s Bank of Israel kept the country’s prime interest rate unchanged at 1.25 percent for the month of July.Chana Ya'ar, 24/06/2013 19:18
Jacob Frenkel to Head Bank of Israel (Again)

Jacob Frenkel to Head Bank of Israel (Again)

Frenkel was Governor of the Bank of Israel between 1991 and 2000. He is Chairman of JPMorgan Chase International.Gil Ronen, 23/06/2013 20:57
'Dollar Gone Wild' Prompts Unusual Move by Fischer

'Dollar Gone Wild' Prompts Unusual Move by Fischer

Interest rates will go down by a quarter point on Friday, an unusual mid-month move by outgoing BOI Chairman Stanley FischerDavid Lev, 13/05/2013 16:05
Exporters 'Near Panic' As Shekel Breaks NIS 3.60

Exporters 'Near Panic' As Shekel Breaks NIS 3.60

Israeli exporters were besides themselves Monday, as the dollar sank below the NIS 3.60 level.David Lev, 30/04/2013 04:46
BOI Buys Dollars, But Shekel Stays Strong

BOI Buys Dollars, But Shekel Stays Strong

In an effort to keep the value of the shekel lower, the Bank of Israel intervened in the currency markets.David Lev, 09/04/2013 03:46
Treasury: There May be Hope for Lower Home Prices

Treasury: There May be Hope for Lower Home Prices

There are signs that voracious appetite of Israelis for apartments and homes may be calming down.David Lev, 11/02/2013 22:05
Video: Fischer Leaving Bank in 'Good Condition'

Video: Fischer Leaving Bank in 'Good Condition'

Stanley Fischer, the Governor of the Bank of Israel, announced early retirement and said he's leaving the central bank in 'good condition.' Annie Lubin, 30/01/2013 13:58
Fischer to Step Down as Bank of Israel Head

Fischer to Step Down as Bank of Israel Head

Bank of Israel governor Stanley Fischer has submitted his resignation and will leave his post in JuneDavid Lev and AFP, 29/01/2013 21:03