March 2011 saw a nearly 3% gain in the Shekel against the dollar. Foreign investors who opened an Israeli investment account in Shekels two years ago would have gained 21% already just on their dollars without counting any gain from their actual investments. Israel’s Central Bank raised yet again its interest rate …
Israel Financial Update: March 2011
In surprising economic news, Israel’s Gross Domestic Product (GDP) rose 7.8% in the fourth quarter of 2010 (5.4% in 2010). The Shekel continues to strengthen against the dollar, gaining another 1% in February, 2011. Israeli investment account holders enjoyed this benefits as their holdings are in Shekels. Israeli stocks continue …
Invest in Israel Without Knowing the Language
While it’s always helpful to know a foreign language, it isn’t necessary to speak a foreign language to invest internationally. Wise Money Israel was started with the sole purpose of helping foreign investors invest in Israel. We do this with a full-time English-speaking staff But we also employ a Hebrew-speaking …
Intro to the Israeli Capital Market
Before you start investing in the Israeli capital market, it is worth taking a few moments to familiarize yourself with some of the basics about the market itself. The Tel Aviv Stock Exchange (TASE) is the only Israeli exchange where stocks, bonds and other Israeli securities are traded. Israeli businesses …
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Amazing Facts You Never Knew About Israel
Watch this video for even more amazing facts you never knew about Israel. Israel is an amazing nation that has contributed much to the world: In its 62 years, Israel has won more Nobel Prizes per capita than any other country other than Switzerland. Israel leads the world in the …
Save Money When Exchanging Currency
There are a number of ways to exchange foreign currency into Israeli Shekels, each with it’s own fees and commissions. You can save significantly depending on the avenue you choose. Currently, your options are to exchange currency via an Israeli investment account, a bank, money changing facilities or the Israeli post …