The Bank of Israel’s Monetary Committee recently decided that the interest rate would stay unchanged at 0.25%.
Israel’s Diamond Exchange is to issue a digital token backed by diamond reserves for trading the precious gems, Eli Avidar, the Managing Director of the Israel Diamond Institute said Monday during a debate on regulation of cryptocurrencies at the Knesset Finance Committee.
Israel is looking to legislate laws aimed at limiting the amount of physical cash which is allowed to be used in various transactions.
The Israeli economy has grown by 3.5 percent in 2016, exceeding the Bank of Israel’s original prediction of 2.8 percent growth.
Israeli Economy Ministry’s chief scientist, Avi Hasson, this week signed an agreement with Commonwealth Bank of Australia during the first-ever investment summit between Israel and Australia.
A woman of valor who can find? for her price is far above rubies. (Proverbs 31:10) Dr. Karnit Flug has been appointed the governor of the Bank of Israel by Prime Minister Benjamin Netanyahu and Finance Minister Yair Lapid concluding a long and arduous process that left the seat of treasury chief unmanned for over […]
This week, in synagogues the world over, the following words of Moses from Deuteronomy describe the land of Israel were read: “And that ye may prolong your days upon the land, which the LORD swore unto your fathers to give unto them and to their seed, a land flowing with milk and honey. For the […]