Israels

Israel's foreign exchange reserves at the end of May 2024 amounted to $210.508 billion, an increase of $2.399 billion from their level at the end of April, the Bank of Israel said. …

Two years ago, in May 2022, trouble began brewing for Israel's tech industry. The prestigious and flourishing that had been producing a new unicorn almost every week and hundreds of new millionaires every month, began to…

Source: Coin Journal In a strategic move to revolutionize the financial landscape, the Bank of Israel is moving forward with the development of the central bank digital currency (CBDC), the digital shekel.…

Today, 130 of Israel's leading economists published a harsh letter strongly warning that the government's policy is leading the country towards the abyss and endangering its very existence. Economists say this…

“In 2036, the fund will be empty, and without additional financing or the return of the funds taken to the state treasury, the National Insurance Corporation will not be able to meet its full obligations,” the Israel…

According to the Central Bureau of Statistics' preliminary estimate, Israel's GDP rose by an annual rate of 14.1% in the first quarter of 2024, or by 3.3% in the same quarter. This comes after a decline of…

UBS expects the value of the Israeli shekel to rise against the US dollar, anticipating a decrease in the geopolitical risk premium.The shekel briefly surpassed 3.80 against the dollar due to recent tensions between Iran and Israel, as well…

The population has grown by 1.9% or 189,000 since the last Independence Day, the Central Bureau of Statistics reports. Israel's population reached 9.9 million…

The Organization for Economic Cooperation and Development says the Israeli economy will grow by 1.9% in 2024 and 4.6% in 2025 in its latest report on the global economy. Before the war, the OECD forecast economic growth…

Due to the conflict with Iran, the ongoing war in Gaza and the escalation on the northern border, international ratings agency S&P has announced that it has cut Israel's credit rating from AA- to A+. In addition…