Institutional investors weakening shekel
The hedging activities of Israel’s institutional investors is the main factor driving the recent depreciation of the shekel but the Bank of Israel and US-Iran tensions are also important influences.
Bank of Israel seen cutting rate this week
This will be the second successive interest rate cut, after the Bank of Israel cut the rate by 0.25% at its most recent meeting in late May, and its fourth cut since November 2025.
Chaim Katzman sells control of G City
In a huge deal in Israel’s income producing real estate sector, Tzachi Abu’s Ari Real Estate has acquired 26% of G City, at a company valuation of NIS 2.55 billion.