Israel’s excellent credit rating is supported by the country’s industrial diversity, which spans high-tech, agro-tech, as well as electronics, pharmaceuticals and other quality goods & services.
By Zeev Klein
International credit rating agency Moody’s affirmed Israel’s A1 credit ratings over the weekend, favoring Israel’s economy for a stable outlook.
Moody’s lauds Israeli government’s responsible fiscal and economic policies – Photo: AP
The rating follows a visit by Moody’s executives to Israel last month, during which they met with Finance Ministry and Bank of Israel officials, as well as leaders of the public and private sectors.
In a statement issued Friday, the credit rating agency noted that its decision to affirm Israel’s A1 rating stemmed from the government’s economic and fiscal policies. Continue Reading »
Israeli New Shekel Exchange Rate