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The oil and gas stocks sector of the Tel Aviv Stock Exchange experienced a notable upswing on Sunday, with key partnerships such as Isramco witnessing a surge of up to 9%. This spike followed positive developments related to the expansion of gas production and export...
The shekel experienced a downturn in the local foreign exchange market on Tuesday, following a day of declines driven by subdued trading volumes amid Wall Street holiday closures. This morning, the greenback strengthened by 0.7%, pushing the dollar above NIS 3.64,...
In January, the consumer price index (CPI) in Israel maintained stability, showing no change compared to the previous month. Over the last year, from January 2023 to January 2024, the index experienced a decline from 3% to 2.6%, aligning with economists' predictions...
In a move that has sent shockwaves through financial markets, Moody's Investors Service downgraded Israel's credit rating for the first time in history. Dr. Gil Bafman, Chief Economist of Bank Leumi, shed light on the downgrade, emphasizing that it wasn't entirely...