Bank of Israel: Investment of Israel’s Foreign Exchange Reserves in 2015 hit new record

    The annual report on the investment of Israel’s foreign exchange reserves for 2015 was published today. Following are the main points in the report:   Israel’s foreign exchange More...

Harvard Professor Jeffrey Frankel: China Confronts the Market

CAMBRIDGE – China’s current economic woes have largely been viewed through a single lens: the government’s failure to let the market operate. But that perspective has led foreign observers to misinterpret More...

Harvard Professor Jeffrey Frankel: The Non-Problem of Chinese Currency Manipulation

 America’s two political parties rarely agree, but one thing that unites them is their anger about “currency manipulation, ” especially by China. Perhaps spurred by the recent appreciation of the dollar More...