Shekel

Innovation Authority launches NIS 1 billion solution for companies hit by shekel-dollar crisis

The fund aims to provide a financial hand for technology startups and early-stage projects whose runway to operate the company has been hit because of the strong shekel.

Shekel-dollar ilustrative picture.
Matan Shitrit, Chief Economist at Phoenix Financial

Israel in the eye of the storm — But the economy tells a different story

  New Israeli Shekel banknotes and coins are seen in this picture illustration taken November 9, 2021.

Bank of Israel lowers interest rate to 3.5% in response to strong shekel, halt in war with Iran

 Royal Beach Hotel

Israel approves NIS 360m five-year plan to transform Eilat into southern economic and tourism hub


Inflation and housing prices show continued declines in Israel

Housing prices declined 1.3% over the past year, oil prices fell following the Iran agreement, and the dollar recovered after an early drop.

Israeli real estate – construction site.

Kahan scholarships help Israeli tennis champions dream big

This year marks the 10th anniversary of the Kahan Scholarship Program, which has been supporting outstanding Israeli tennis players since 2016.

KAHAN SCHOLARSHIP recipients Maayan Laron, Amit Vales, Bar Shporen and Re'em Elkayam pose with Israel Tennis & Education Centers executives Eyal Taoz (left) and Yoni Erlich (right).

Israeli families could save hundreds on summer attractions, price check finds

With some 2.6 million students heading into summer break, consumer clubs say early planning and price comparisons can cut the cost of family outings.

Gai Beach Water Park

Amid shekel-dollar crisis: Hi-tech sector gains strength as Israel's main export with 58% in 2025

The trend is driven mainly by the sector's dominance of Software-as-a-Service (SaaS) projects, which export these services overseas and are highly dependent on foreign-currency income.

Evening view of the Tel Aviv skyline. October 26, 2025.

Amdocs to lay off 3,000 employees

The entire technology industry is experiencing aggressive cuts, partly due to the changes brought about by AI.

Amdocs in Raanana

Shekel gains sharply despite interest rate cut

The Iran war led to a 3.3% contraction in GDP (on an annualized basis) in the first quarter

A bunch of Israeli New Shekel banknotes in the hand on the Bills background.Conceptual Image for Finance and Banking

Bank of Israel cuts interest rates, inflation stable despite Iran war

Exporters have called on the Bank of Israel to lower rates or intervene in the foreign exchange market.

 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.

Israel’s inflation dynamics remain under control

A strong shekel, alongside structural energy factors, is moderating external price shocks.

Matan Shitrit, Chief Economist at Phoenix Financial

Israel's high-tech faces unexpected crisis as dollar slides 20% against shekel

The dollar fell by approximately 20% against the shekel over the last year, which puts companies that depend on dollar income at risk.

 High-tech company, illustration

A strong shekel, a weakened export engine

According to Export Institute figures, 2025 was a record year for Israeli exports. Total exports reached $164 billion, up 10%. Services exports crossed $90 billion for the first time.

The New Israeli Shekel (NIS) is stronger than ever.