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One might assume that the terrorist attacks by the Iranian terrorist organization 'Houthis' in the Red Sea, which started in November 2023, have a massive impact on trade flows to and from Israel. In 2023, about 22% of the world's maritime container traffic (in terms of weight) passed through the Suez Canal in the northern … Continue reading The Impact of Houthi Terror Attacks on the Israeli Trade
According to the Bank of Israel, Israel is doing very well in terms of foreign currency reserves, especially given the war that now lasted for around a year. It would be better if the Israeli elite had found the unity and courage to wage a quick and decisive war. So they have continued to hesitate … Continue reading Very good standing of Israel: Foreign Exchange Reserves
There is no doubt that customers increasingly want more service, but service from Israeli banks leaves a lot to be desired, according to a survey by the Bank of Israel. Bureaucracy is in general one of the main obstacles in Israel hampering innovation as reported on VonNaftali. The Banking Supervision Department (published by Bank of … Continue reading Decline of Customer Satisfaction with Israeli Banks. More Competition is needed
The Bank of Israel has released the latest data on foreign exchange reserves for December. Israel is solid with slight losses. But, the reserves have grown solidly, from time to time with slight sideways movements. All in all very progressive. The figure below shows the over-all trend. (c) Bank of Israel "Israel’s foreign exchange reserves … Continue reading Israel: Foreign Exchange Reserves
According to the Bank of Israel, foreign reserves have increased substantially. The safety cushion for the national economy of Israel shrinked. In the press release the Bank of Israel states for the November: "Israel’s foreign exchange reserves at the end of November 2022 stood at $194,414 million, an increase of $5,572 million from their level … Continue reading Israel: Foreign Exchange Reserve November increases. Budget Deficit too.
Release by Bank of Israel / 7.11.2022 Israel’s foreign exchange reserves at the end of October 2022 stood at $188,842 million, an increase of $2,848 million from their level at the end of the previous month. The level of the reserves relative to GDP was 36.5 percent (Figure 1). The increase was the result of: … Continue reading Foreign Exchange Reserves at the Bank of Israel, October 2022
Im Jahr 2021 kauft die Bank of Israel Anleihen im Wert von 30 Milliarden USD. Die Vorankündigung des Umfangs der Käufe soll dem Markt Gewissheit über das Engagement der Bank bei der Bewältigung der jüngsten starken Aufwertung des Schekels geben. Die Wirtschaft Israels soll so bei der weiteren Bewältigung der wirtschaftlichen Auswirkungen der COVID-19-Krise unterstützt … Continue reading Schekel notiert stark. Bank of Israel plant für 2021 Anleihen für 30 Milliarden USD zu kaufen. // English Summary inside.
Prof. Amir Yaron, leading Israeli finance expert and Tel Aviv University graduate, is the next governor of the Bank of Israel. Today the Israeli government approved the nomination of Prof. Amir Yaron, a graduate of Tel Aviv University, for the post of governor of the Bank of Israel, the country’s central financial institution, which sets … Continue reading TAU alum will head Bank of Israel