News for Bank Of Israel As the coronavirus crisis worsens: 'State needs to reach deeper into its pockets'A financial strategist tells Arutz Sheva that the Bank of Israel & gov't need to take action to prevent the severe recession in the making. 'A good year for the Israeli economy'Bank of Israel governor presents PM with annual report on the economy. 'The Israeli economy is in a good situation.' New Bank of Israel governor: It's a tremendous honorCabinet approves Amir Yaron as the next governor of the Bank of Israel. University of Penn. economist cleared to head Bank of IsraelUS-based academic cleared by vetting committee to replace Karnit Flug as Israel's top banker. From Pennsylvania to the Bank of IsraelProfessor from Donald Trump's alma mater tapped to replace Karnit Flug as governor of Bank of Israel. Way paved for appointing Chief of Staff and CommissionerNewly elected Institute of Certified Public Accountants in Israel President retires from Senior Appointments Advisory Committee.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. Bank of Israel Governor will not seek second termDr. Karnit Flug informs PM Netanyahu she will not stand as a candidate for an additional term as Governor of the Bank of Israel. Bank of Israel hosts discussion on Israeli, Swiss economiesChairman of the Governing Board of the Swiss National Bank visits Israel, meets with the Governor of the Bank of Israel. '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." '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.' Bank of Israel releases designs for new bills with Hebrew poetsImages of female Hebrew poets featured on the new designs of the 20- and 100-shekel bills released by The Bank of Israel. 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. Israeli sovereignty and Arab responsesThe death of the two state solution opens other options, for good and for bad. Bibi calls to unleash Israel's economic potentialBank of Israel report signals strong, stable economy. PM calls to slash bureaucracy and unleash wave of economic growth. 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? 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? Forged 200 shekel bills discoveredFive residents of Bedouin town in northern Israel arrested after using counterfeit bank notes at gas stations across Upper Galilee. Deri: Israel 'discriminates' against MizrahimShas chairman Aryeh Deri demands faces on newly designed shekel bills include some Israelis of Middle Eastern descent.New blue NIS 200 bills ready for prime timeThe Bank of Israel on Monday officially unveiled its new design for NIS 200 bills, and said it would start distributing them soon. Bank Expected to 'Goose' Economy With Rate SlashThe Bank of Israel is expected to cut interest rates further, in order to prompt spending in Israel's weak economy. Israel's Gaza War Losses Made Up by Gas MoneyOperation Protective Edge's financial impact totally covered by mass profits from Israel's new natural gas deposits. Shekel Still on the RiseAfter BOI says it won't lower interest rate, shekel-dollar rate dips to NIS 3.93 per dollar. 'Don't Fight the Fed,' Bank of Israel Learns AgainThe shekel fell when the Bank of Israel slashed interest rates - and rose again, when the Federal Reserve didn't do anything. Prices Deflate 0.3% in January, as Trend ContinuesThe newest scourge of economists, deflation, hit Israel in a big way in January. In a trend that began in 2014. Bank of Israel Seeks Major Tax RaiseIsrael 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. '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. Bank of Israel Bought $7 Billion in 2014The Bank of Israel in 2014 bought over $7 billion in an effort to prop up the value of the dollar versus the shekel. Research Shows Young Couples Struggle to Buy HomesPrices soar with salaries not meeting the rise, leaving young couples less able to become homeowners amid noted gap in income brackets.Experts: Shekel Likely to Continue SinkingThe “bottom” for the shekel is a long way off, say foreign currency experts, with the dollar expected to continue strengthening. Nearly 2/3 of Israelis are Often OverdrawnShocking figures reveal many Israelis living constantly in the red; Bank of Israel wants to know why. Bank of Israel Unveils New 50 Shekel Bill50 shekel (almost $15) banknote presented ahead of its entry to circulation; features likeness of Hebrew poet Shaul Tchernichovsky.Poll: Israelis Woefully Ignorant of Economic ABCsThe richer you are, the more likely you are to know about basic economic and financial principles - and that's a real problem.$100 Million BOI Buy Not Enough to Prop Up DollarEven a $100 million purchase by the Bank of Israel couldn't prop up the sagging dollar. Bank of Israel Warns against BitcoinFinancial institutions warn Bitcoin is fertile ground for fraudulent activities, and highly volatile. Housing Crisis Continues: Prices Up by Another 8%Housing prices rose 8% in 2013. Price hike follows doubling in price over seven previous years. Bank Fees Down in 2013Bank of Israel report lists banks with the highest, lowest fees for 2013. Bank of Israel: Fewer Services, More Taxes LikelyIsraelis are set to face a “double whammy” in 2014, with budget cuts affecting many services along with higher taxes.Bank of Israel: Israelis Pay Less Tax, Get LessBank of Israel finds Israelis pay less tax than others in OECD - and get less from the government. BOI Chief Appointment a 'Disaster', Admits Lapid"I don't mind apologizing to Karnit Flug" for the lengthy appointment process, says Finance Minister. Flug: Challenges Abound for Bank, EconomyThe new Governor of the Bank of Israel, Karnit Flug, said she appreciated the vote of confidence the country's leaders had given heR Next Band of Israel Governor: Karnit FlugActing Bank of Israel governor is appointed to prestigious post.Israel 'Saves' NIS 4 Billion on Deficit, BOI SaysThanks to good fiscal management, Israel's deficit will be less than had been expected, the Bank of Israel said Netanyahu and Lapid Can't Agree on BOI GovernorPM and Finance Minister meet, don't agree on next Bank of Israel Governor. Official announcement expected by Sunday. 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%. New Bank Chairman Candidate 'Clean,' Says DaughterAfter two “strikes,” the Bank of Israel candidacy issue may finally be resolved, with Professor Mario Blecher slated to take the jobLeiderman: It Would've Been a NightmareProf. Leo Leiderman, who withdrew his candidacy for Bank of Israel Governor, says he withdrew in order to save himself from “a nightmare”.New Bank of Israel Head Withdraws CandidacyJust two days after his appointment was announced, Prof. Leo Leiderman withdrew his candidacy for governor of the Bank of Israel.New Bank of Israel Chief AnnouncedThe chief economist at Israel’s Bank Hapoalim, Professor Leo Leiderman, will become the next governor of the Bank of Israel. 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 chairman Fischer Taken to Hospital After Feeling UnwellOutgoing Bank of Israel Governor is suffering from dehydration and exhaustion, says the Tel Hashomer Hospital.July Interest Rate 1.25% Amid Praises for FrenkelIsrael’s Bank of Israel kept the country’s prime interest rate unchanged at 1.25 percent for the month of July.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. 'Dollar Gone Wild' Prompts Unusual Move by FischerInterest rates will go down by a quarter point on Friday, an unusual mid-month move by outgoing BOI Chairman Stanley FischerExporters 'Near Panic' As Shekel Breaks NIS 3.60Israeli exporters were besides themselves Monday, as the dollar sank below the NIS 3.60 level. BOI Buys Dollars, But Shekel Stays StrongIn an effort to keep the value of the shekel lower, the Bank of Israel intervened in the currency markets. Treasury: There May be Hope for Lower Home PricesThere are signs that voracious appetite of Israelis for apartments and homes may be calming down. |
