April was an action packed month for the shekel with a rise in volatility fueled in part by European election uncertainty, coupled with previous actions taken by Bank of Israel to soften prices.
In response to these heightened swings in trading activity IsraTransfer has introduced a new service to keep those surprises to a minimum and maximize client buying opportunities. Plus, some positive news for those looking to purchase property in Israel. Keep reading!
Daily Israel Currency News & Exchange Rate Roundup
Beginning this month we are pleased to announce a new service to our clients, providing daily shekel exchange rates and daily news. Designed to keep you in the loop and able to help make more informed decisions, if you would like to receive this daily update please click here to subscribe.
AACI Currency Exchange Program
Were you aware that IsraTransfer is the exclusive operator of the AACI Currency Exchange Program? This value added service offers clients an additional layer of security when transferring funds to Israel and is only available through IsraTransfer. Registration is simple and can be taken advantage of by both AACI and non AACI members.
Israel Real Estate in the Spotlight
Every cloud has a silver lining, and while the Israeli real estate market continues to remain under pressure, positive news came in the form of a slight interest rate decline on index-linked mortgages. While it is still too early to suggest a reversal in the residential housing market trend, we hope it’s a sign of good things to come. Stay tuned…