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Israel's shekel becoming more over-valued: cenbank deputy governor - Reuters

JERUSALEM The shekel has become more over-valued recently and does not reflect the real strength of the Israeli economy, the deputy central bank chief said, adding that the bank will continue to buy foreign currency to try to soften the shekel ILS=. Leggi

Shekel's gains a result of strong Israel economy -finance minister - Times of India

Kahlon said Israel could not ignore the harm to exports caused by the shekel's gains. He said the state would allocate 100 million shekels ($27 million) for technological education and would encourage investment through accelerated depreciation. Leggi

Friday March 17, 2017 - Israel Hayom

Wednesday's dynamic trading day and the gains the shekel marked vis-a-vis all major currencies, especially the 0.74% drop in dollar rates, prompted the Bank of Israel to intervene and purchase foreign currency valued at $300 million in an attempt to ...altro » Leggi

Foreign homeowners cash in on strong shekel - Globes

Major global forces are boosting Minister of Finance Moshe Kahlon's efforts to keep foreign real estate investors away from Israel. The shekel exchange rates against the euro, pound sterling, and US dollar are plummeting, making it difficult for ... Leggi

Dollar Falls Nearly 1 Percent in a Single Day Versus Shekel -

In Israel, the dollar opened at NIS 3.609/dollar, the greenback's lowest level since September 2014. Since the beginning of the year, the dollar has sunk 6 percent versus the shekel. The NIS 3.60/dollar level is seen as an important psychological ... Leggi

Israeli City Stunned That Anti-Semitic Threats Came From Within - New York Times

Unlike most Jewish Israelis, the accused was not drafted into military service at 18; his lawyer said that was because of his medical condition. Ms. Shekel described the parents as ordinary and quiet. She said she believed that the father was a native ...altro » Leggi

Bank of Israel under fire over decade-long currency intervention - One America News Network (press release)

JERUSALEM (Reuters) – The Bank of Israel has a problem. After spending almost a decade and huge sums trying to curb the shekel, the currency is still rising relentlessly – to the dismay of the country's exporters. In 2008 the central bank began what ... Leggi

Israeli real estate developer Gazit-Globe Q4 profit jumps | Reuters - Reuters

TEL AVIV, March 27 (Reuters) -* Gazit-Globe, Israel's largest real estatedevelopment firm, posted on Monday a more than doubling in fourth quarter.altro » Leggi

Israel to Build Wall with Gaza, Expects Hamas to Wage War - Asharq Al-awsat English

Yet, the purpose of the wall is causing intense discussion in the Israeli army, disclosed media sources specialized in military affairs. Opposing parties question if it is really imperative for Israel to invest 4.2 billion shekel to confront the threat ...altro » Leggi

Globes English - BoI research backs forex intervention - גלובס - Globes

The study examined the effect of Bank of Israel intervention in foreign currency trading in 2009-2015.altro » Leggi