Israel Business Week Roundup – Issue 12

With Pesach fading further into the rear view mirror leavening was back on display in the currency markets, including British sterling exchange rate against the shekel rising to a level not seen in nearly two years.  Meanwhile, it was easy come and easy go for the...

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The IsraTransfer Report – April 2018

Some pretty big deals across the board as we send March on its way and welcome April in, especially for anyone needing to send money to Israel. Elsewhere, a full blown credit crunch erupts at the Ministry of Finance and Bank of Israel, and more people are starting to...

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Israel Business Week Roundup – Issue 11

Israel Business Week Roundup – Issue 11

Clocks weren’t the only things moved forward in Israel last week, as exchange rate decisions in the US and UK advanced shekel exchange rates for both currencies. Elsewhere, the Central Bureau of Statistics literally put quantities on qualities, and the Ministry of...

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Israel Business Week Roundup – Issue 10

Israel Business Week Roundup – Issue 10

It was a notable week in the Israel economy, including the passing of a nearly half-trillion shekel budget. Plus, caring doesn’t always mean sharing as far as the Tax Authority is concerned, and a welcome ray of sunshine for new home sales.  All that plus the Ministry...

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IsraTransfer Israel Business Week Roundup – Issue 9

IsraTransfer Israel Business Week Roundup – Issue 9

It was bye-bye baby to the month of February to buy-buy baby as we ushered in the month of March with shekel investment recommendations by two financial heavyweights.  Elsewhere, the shekel’s fan club grew by two, and the Tax Authority plans the cold hard treatment...

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IsraTransfer Israel Business Week Roundup – Issue 8

IsraTransfer Israel Business Week Roundup – Issue 8

It may have been the shortest month on the calendar, but February was certainly long on economic news, including a 40-year low in the State’s unemployment.  Elsewhere, over a dozen Israeli startups moved to the head of the class, and Google is teaming up with the...

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The IsraTransfer Report – March 2018

The IsraTransfer Report – March 2018

It may have been the calendar's shortest month, but February was certainly long on excitement. In shekel trading, the USD/NIS and GBP/NIS exchange rates briefly made highs not seen in a while. Taking a new approach, Bank of Israel sought to weaken the shekel with a...

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IsraTransfer Israel Business Week Roundup – Issue 7

IsraTransfer Israel Business Week Roundup – Issue 7

What a difference a week made in the currency markets, as exchange rates reversed course from their recent gains.  In economic news, the shekel managed to power back up, while the CPI dressed down for the month of January.  Elsewhere, the Tax Authority got real on...

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IsraTransfer Israel Business Week Roundup – Issue 6

IsraTransfer Israel Business Week Roundup – Issue 6

Bank of Israel stayed true to its word with more aggressive intervention that included some creative measures.  Meanwhile, it was love at first site for Knesset and the State’s proposed 2019 budget, however, US expats with businesses abroad experienced some heartache....

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IsraTransfer Israel Business Week Roundup – Issue 5

IsraTransfer Israel Business Week Roundup – Issue 5

February opened with a bang, as the currency markets saw the USD/NIS exchange rate seemingly shot out of a canon as it soared above 3.50 for the first time in a long time.  In other news, the Bank of Israel got a little spend happy, the Tax Authority set its sights on...

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