Bank of Israel

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
 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.

Bank of Israel cuts interest rates, inflation stable despite Iran war

Israeli shekel

Dollar falls below three shekels for first time in over 30 years, annual inflation rate declines

Israeli shekel

Bank of Israel keeps rate unchanged, cuts growth forecast


Bank of Israel unexpectedly cuts interest rate

According to the Research Division's estimate, GDP grew by 2.8% in 2025

Israeli shekel

Bank of America forecasts strong Israel GDP growth despite geopolitical risks

Bank of America observes that the most likely scenario is to maintain the status quo of "no war, no peace," with a continued risk of disruptions to shipping in the Red Sea.

 Metals' Fate Hangs on US Data: GDP, Jobs in Focus

With loan relief set to expire, banks will profit while Israelis pay - opinion

The banks will continue waiting patiently. Those very same customers will eventually arrive, will pay the high interest rates, and, unlike today, will have no temporary market benefit on rely on.

 Pile of credit cards with flag of Israel

Bank Hapoalim revives free-share offer for 1 million customers

After strong demand in September, eligible clients can choose two shares, valued at about NIS 138.9 as of November 25, or a NIS 125 cash grant, the bank said.

 Yadin Antebi

Bank of Israel cuts key rate by .25 percent after Gaza ceasefire

It represents the first reduction in nearly two years, as a ceasefire in Gaza eased inflation and reduced geopolitical risk.

 The Bank of Israel building is seen in Jerusalem June 16, 2020. Picture taken June 16, 2020.

Israel's Consumer Price Index up 0.5% in October, while home prices fall again

Annual inflation in Israel remains unchanged at 2.5%, keeping inflation well below the upper limit of the Bank of Israel's annual target range of 3%.

Israelis shop for groceries and dairy products at their local supermarket in Katsrin, Golan Heights, May 2, 2024

Your Taxes: Why you should use publicly-available company printouts in business deals - opinion

The Israeli business sector will gain more transparency with increased Israel Companies Registry information becoming publicly available.

 View of the Tax Authorities offices in Rehovot on September 15, 2024.

Israel entered war without economic emergency preparedness, Comptroller report finds

A new report warns that a lack of fiscal preparedness exposed deep weaknesses in Israel's wartime economy, leading to budget breaches and future borrowing risks.

An illustrative image of bitcoin in front of an Israeli flag.

Economists split on Israel’s 2026 growth outlook amid postwar recovery

The IMF projects a modest 3.9% growth for Israel in 2026, while local forecasters expect a faster recovery as the economy rebounds from war.

A drone picture of family and supporters gathering as former Israeli hostage Elkana Bohbot returns home after leaving the hospital, following his release from captivity in Gaza, in Mevaseret Zion, Israel, October 19, 2025

Bank of Israel quashes rate cut rumors

The interest rate has been 4.5% since it was cut from 4.75% in January 2024.

 A person holds Israeli shekel coins in their hand in Jerusalem on December 18, 2024.