Currency’s strength against dollar reaches level not seen in over 2 decades, and experts predict it is not going to stop there

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

Bank of Israel report says Israel must invest more in its people, develop its infrastructure and upgrade its financial system in order to eventually reduce income inequality.

Steering committee creates draft model of possible future central bank-backed digital currency as chatter on virtual payments grows globally.

Under the new agreement, Shashua will buy all of Nacht's holdings in the digital bank and take on all responsibilities.

The new bank established by Marius Nacht and Amnon Shashua says it signed as deal Indian conglomerate TATA Group to develop and implement the bank's technology infrastructure.

A new survey by the Israel Democracy Institute shows that a majority of Israelis don't have much flexibility, and spend wasted work hours on their commute.

The new initiative will be the first new banking venture in the country in 40 years.

The Bank of Israel announced that it would recognize virtual currency as a financial asset.