Bank of Israel hopes to reduce confusion for mortgage takers by compelling all banks to offer same three interest rate tracks, Globes reports

Israeli currency's strength imperils local manufacturers, as pandemic continues to strain global supply chains

Israeli currency's strength imperils local manufacturers as pandemic continues to strain global supply chains

Bank leaves benchmark interest rate at 0.1% for 11th straight policy meeting, citing higher inflation, uncertainty over economic activity, Reuters reports

In periodic report on domestic financial stability, central bank says Israel's economy in good shape despite virus and several ongoing risk factors

Amir Yaron says bank estimates one-month lockdown would shave 0.5% off of GDP, sees no risk of 'inflation eruption' in Israel

Tax to be introduced gradually from 2023 to 2028, is expected to cover about 80% of country's greenhouse gas emissions

Reuters: Bank of Israel Governor Amir Yaron says that as tech and online shopping push prices lower, the central bank is reassessing the inflation target regime

Central bank holds key lending rate at record low 0.1%; monetary policy will be 'very accommodative' for a prolonged period; cuts forecast for GDP growth to 5.5% in 2021

Globes: Deputy Governor Andrew Abir says the central bank has issued the digital currency as part of an internal pilot program