- U.S. jobs data is cited as justification for a potential FED rate hike, alongside discussions of currency intervention.
- The Ministry of Finance directed central bank currency intervention, influenced by weak US jobs data and ongoing inflation fears.
The government's finance ministry is providing support to the hi-tech sector to mitigate the effects of dollar weakening.
1 report, 1 independent
Updated Jul 27
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What happened
The government's finance ministry is providing support to the hi-tech sector to mitigate the effects of dollar weakening.
Who's involved
What this event is mainly aboutKeep exploring
The entities involved
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finance ministry
type of ministry responsible for government finances and economic policy
Coverage
Newest first; wire copies grouped- jpost.comIsraeli hi-tech is receiving a government boost of NIS 1B | The Jerusalem Post