Israel's open economy offset Turkish trade ban, central bank says

Turkey severed trade with Israel last year over its war in Gaza with the Palestinian terrorist group Hamas and has remained an outspoken critic of Israel's policies.

BANK OF Israel headquarters in Jerusalem: Israel’s favorable environment for economic development has been accompanied by an impressive improvement in the country’s credit rating, say the writers.

(photo credit: YONATAN SINDEL/FLASH90)

ByREUTERS

MARCH 19, 2025 15:44

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