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BOI leaves interest rate unchanged at 4 75%

BOI leaves interest rate unchanged at 4 75%
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Israel High Tech Scene and Other Business Stories May 20 - May 26

Israel High Tech Scene and Other Business Stories May 20 – May 26 New Startups / VC Funding RedDress Raises $43 Million for New Way To Treat Chronic Wounds RedDress, an Israeli medtech startup that has developed a proprietary blood-based technology to treat chronic wounds that it says comes with almost “zero risk” of infection, […]

Bank of Israel Makes 10th Straight Interest Rate Hike

The Monetary Committee said in the future the interest rate path will be determined in accordance with activity and development of inflation

Israel s interest rate increases for 10th time in a row

Against the backdrop of high inflation and the wave of price increases, the Bank of Israel raised the basic interest rate to 4.75%; The bottom line: a heavier mortgage burden, when the average repayment will increase by about NIS 1,150 per month (over $300)

Israel High Tech Scene and Other Business Stories January April 1 – April 7

New Startups / VC Funding Fetcherr and Redefine.Dev Make RaisesFetcherr, an Israeli startup that developed an AI-powered, real-time demand predictor, raised $12.5 million in Pre-Series B funding led by Left Lane Capital and M-Fund. This raise followed a $7 million Series A raise in 2022, bringing Fetcherr’s total funding to $31 million across equity and […]

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