Interest rate

Shekel gains sharply despite interest rate cut

The Iran war led to a 3.3% contraction in GDP (on an annualized basis) in the first quarter

A bunch of Israeli New Shekel banknotes in the hand on the Bills background.Conceptual Image for Finance and Banking
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Navigating global interest rates: Why comparing loans is a smart financial move

Israeli shekel

Bank of Israel unexpectedly cuts interest rate

 US and Israeli currency (1 dollar bills and 1 shekel coins respectively) are seen in this illustrative photo of money.

US dollar slides after Fed cuts rates, as expected


Bank of Israel keeps interest rate at 4.5%, amid background of war

It reiterated that the interest rate path will be determined by future inflation, and continued stability in the financial markets, economic activity, and fiscal policy.

Bank of Israel

Israel's deficit grows, BOI leaves interest rate unchanged as geopolitical uncertainty increases

The deficit in March was NIS 15 billion compared to NIS 2.7 billion measured last march, according to the Finance Ministry.

New Israeli Shekel bills are seen in front of a downwards-trending graph (illustration)

Do you have money in Paybox? You will receive interest on it

Paybox app announces that it will pay its customers from all banks an annual interest of 3% on their balance in the app.


Leumi: 'No interest rate cuts in every decision next year'

The Bank's forecast places the interest rate at 3.75%-4.00% at the end of 2024, signaling a cautious approach to monetary policy.

An Israeli flag flutters outside the Bank of Israel building in Jerusalem August 7, 2013

Bank of Israel keeps interest rate steady at 4.75% amidst inflation concerns

There’s still no telling when the interest rate will decline, experts note.

 BANK OF Israel headquarters in Jerusalem: Israel’s favorable environment for economic development has been accompanied by an impressive improvement in the country’s credit rating, say the writers.

Despite economic turmoil, Israel's interests set to remain at 4.75%

Recent signs of decreased inflation indicate an unchanged interest rate, as consumers begin saving and global pressures subside.

 New Israeli Shekel banknotes and coins are seen in this picture illustration taken November 9, 2021.