Recent posts
The recent fluctuations in the exchange rate between the US dollar and the Israeli shekel have left financial markets and investors in a state of uncertainty. The shekel has been losing ground against the dollar for some time now, and this trend shows no sign of...
Israel is facing an escalating fiscal challenge as its cumulative deficit over the past 12 months reached 1.3% of GDP in August. This marks an increase from the 1% deficit reported just a month ago. This is indicating that the actual deficit has surpassed the...
In a turbulent economic landscape, the Israeli shekel continues to weaken as the US dollar surges to new heights, crossing the 3.85 shekel mark. This marks a significant shift from the recent levels, and the trend shows no signs of abating. This depreciation of the...
The Bank of Israel has opted to maintain its benchmark interest rate at 4.75% for the second consecutive time, reinforcing market expectations and aligning with the consensus among leading economists. The decision comes after a series of consecutive rate hikes that...