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Interest rate
Exploring the foreign exchange market: What causes the shekel's strength or weakness?
In the past week, Israel's shekel has strengthened after a long period of weakness, which the Bank of Israel attributed, among other factors, to judicial reform; Who are the actual traders in the foreign exchange market? Why is it different from other markets and how does it affect interest rates and prices?
Dan Raban
|
06.11.23
Israel watchdog seeks data from banks in interest rate probe
Economy Minister Nir Barkat attempts to oust Competition Authority head Michal Cohen despite lacking the authority to do so blaming her for the rising cost of living; Cohen refuses to resign.
Reuters
|
05.28.23
Israeli banks benefit from successive interest rate hikes, garner unprecedented revenues
Aided by interest rate hikes, Israeli banks navigate global banking crisis and market challenges, delivering outstanding profits for shareholders and weathering divergent share trends
Dan Raban
|
05.23.23
Israel's interest rate increases for 10th time in a row
Against the backdrop of high inflation and the wave of price increases, the Bank of Israel raised the basic interest rate to 4.75%; The bottom line: a heavier mortgage burden, when the average repayment will increase by about NIS 1,150 per month (over $300)
Tzachi Sade
|
05.22.23
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