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The updated credit score, along with the other recent ratings, has the potential to impact Israel's economy in a number of ways.
Fitch projected a central government budget deficit of 3.9% for Israel in 2025.
The sharp rate increase sparked a rally for the Turkish lira, which appreciated as much as 2%.
The first signs of his downgrade came before October 7. The legal reform surprised many leaders of the free world.
Our policymakers would be well advised to study the risk analysis and assessment in Moody’s report closely and to take all possible steps to mitigate the risks.
Prof. Yaron Zelekha explains why rating agencies are losing confidence in Israel's economic policies.
What is a credit rating, how is it determined, and how will Moody's dramatic decision impact Israelis?
While Netanyahu claims economy is strong despite credit rating change, MK blames political turmoil for nation's threatened credit rating.