Currency Exchange

All of the articles from First Israel regarding currency exchange and how it will affect your mortgage and the rates you can get in Israel.

Buy Now, Convert to Shekel Later

Waiting for the Shekel to Weaken? You May Not Have to Delay Your Purchase

For many foreign buyers, the biggest obstacle to purchasing property in Israel today isn’t finding the right apartment—it’s the exchange rate.

The shekel has strengthened significantly against many major currencies over the past year. As a result, buyers holding U.S. Dollars, Pounds […]

Bank of Israel to keep buying forex

Central bank’s governor says will continue to intervene in foreign exchange market to ensure Israeli exports remain competitive

Israel’s central bank will continue to intervene in the foreign exchange market to ensure Israeli exports remain competitive, Bank of Israel Governor Stanley Fischer said on Monday.
Contradictory policies?
Some analysts have questioned whether Fischer can continue contradictory policies […]

By |December 10th, 2011|Currency Exchange|Comments Off on Bank of Israel to keep buying forex