acemaxx · @acemaxxanalytics
286 followers · 3689 posts · Server econtwitter.net
Since the prev. monetary policy decision (July 10), #shekel weakened by 2.3% against USD, by 1.3% against EUR, and by 1.5% in terms of the nominal effective exchange rate. #ILS ’s depreciation in recent months is contributing to the increase in #inflation rate.
acemaxx · @acemaxxanalytics
283 followers · 3675 posts · Server econtwitter.net
BoI monetary policy decision imminent: #Israel ’s CB has a close call to make as it considers breaking with #Fed's last decision to raise interest rates, even with #shekel having depreciated near a 3y low in recent weeks, chart @markets http://tinyurl.com/4k79wcf2
acemaxx · @acemaxxanalytics
249 followers · 3019 posts · Server econtwitter.net
acemaxx · @acemaxxanalytics
197 followers · 2348 posts · Server econtwitter.net
Traders boosted wagers on further depreciation in the Israeli currency. The extra cost to protect against #shekel (-7% since Jan.) declines over the coming month — vs. hedging against gains — rose to 1.7% from 1.5 at the end of last week.
acemaxx · @acemaxxanalytics
70 followers · 192 posts · Server econtwitter.net
FX: #Israel ’s CB, #BoI said a weaker #shekel is putting pressure on #Inflation with its governor signaling it’s prepared to act should the currency throw off the #outlook for #consumer prices, chart @youseftv https://cutt.ly/w2gxdeU
#israel #boi #shekel #Inflation #outlook #consumer
acemaxx · @acemaxxanalytics
67 followers · 165 posts · Server econtwitter.net
#Israel hiked rates by more than 300bp in 2022 to mitigate price increases. #shekel, which is closely correlated w/ the performance of US #equities, lost nearly 12% last year against US #Dollar in its worst performance since 1998, chart @YahooFinance https://cutt.ly/v2s9o0r
#israel #shekel #equities #dollar
Cryptocurrency News Worldwide · @CryptoBot
1256 followers · 64417 posts · Server aspiechattr.me
Israel Prohibits Cash Deals for Amounts Starting as Low as $1,700
https://news.bitcoin.com/israel-prohibits-cash-deals-for-amounts-starting-as-low-as-1700/
#MoneyLaundering #restrictions #taxauthority #transactions #Legislation #taxevasion #Payments #Taxation #Finance #Israeli #israel #limits #shekel #money #Taxes #Cash #ban #Law #Tax
#MoneyLaundering #restrictions #taxauthority #transactions #Legislation #taxevasion #Payments #Taxation #finance #israeli #israel #limits #shekel #money #taxes #cash #ban #law #Tax