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Palestine Economy

Compare Bank Deposit Rates in the State of Palestine

The Palestinian economy with a population of 4.5 Million (Est 2014). Its local central bank, is the Palestinian Monetary Authority (www.pma.ps) . Local banking institutions in the Palestine state offer standard bank accounts including savings account and deposit accounts (from 1 month to above 12 months) for their citizens. Some banks offer deposit accounts in various currencies including NIS, JOD , USD and EUR. The CIA.gov estimates that inflation from both the West bank and Gaza was 1.7% in 2013.