Bank of Israel

Bank of Israel

The Bank of Israel is the central bank of the State of Israel, established in 1954. It serves as the primary monetary authority responsible for managing the Israeli shekel, setting interest rates, and formulating monetary policy to maintain price stability and support economic growth. The bank also supervises commercial and financial institutions, manages Israel's foreign currency reserves, and acts as the government's banker.

As the key institution shaping Israel's economic landscape, the Bank of Israel's decisions on interest rates and inflation targets directly influence business conditions, employment, and living standards across the country. The bank's Governor holds one of the most influential positions in the Israeli economy, and policy announcements regularly make international headlines due to Israel's significance in global markets and geopolitics.

On jnews.az, this section covers decisions by the Bank of Israel's Board, interest rate changes, inflation reports, and economic forecasts. Readers will find analysis of how Israeli monetary policy affects regional stability, foreign investment, and the broader Middle Eastern economy, as well as insights into the bank's role in maintaining financial confidence during periods of economic or security-related uncertainty.