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Governor urges government to start budget tightening this year to pay for cost of war
Recovery after falls suffered in wake of October 7 attacks make currency top performer this month
Traders’ short positions on the currency put Bank of Israel in a bind ahead of interest rate decision
Bank of Israel’s intervention comes after currency slides to seven-year low against US dollar
Planned reforms that sparked mass protests have resulted in ‘significant costs’, argues governor
Exports, consumption and investment could be hit if row over judicial reforms not resolved, Bank of Israel says
Bezalel Smotrich says bank’s independence is ‘fundamental’ to economy’s development
Central bank keeps interest rates unchanged but hints at cuts if shekel continues to strengthen
Shekel rises most in three months after decision
Departure of monetary policy hawk adds to leadership turbulence at US central bank
Attacks in Jerusalem catch security forces off-guard and cast doubts on prospects for recovery
International Edition