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


Shekel maintains strong rebound against US dollar

On Wednesday, the Bank of Israel set the representative shekel-dollar rate down 0.859% from Monday.

 New Israeli Shekel banknotes and coins, illustrative. November 9, 2021

Israel's shekel flat after Trump says US targeting Gaza Strip takeover

The shekel was trading at 3.56 versus the dollar, a change of 0.06% from Tuesday's close by 0822 GMT.

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

Treasury official to Post: 'rehabilitating North and South difficult without budget'

Treasury official to Post: The continuing budget has the advantage of slowing expenditure, which moderates the deficit, but this comes with uncertainty and limits on the government to plan and act.

VARIOUS ISRAELI banknotes are displayed for an illustrative photo. The economy is well on its way to the pre-pandemic standards of budgetary discipline.

Shekel sharply weakens as markets tumble

On Friday, the Bank of Israel set the representative shekel-dollar rate 0.506% higher, at NIS 3.575/$.

 New Israeli Shekel banknotes and coins, illustrative. November 9, 2021

Documentary on people with special needs, ‘Exposed,’ screens in Jerusalem, Jan. 27

SHEKEL is a leading nonprofit for the inclusion of people with disabilities in the general community.

 EXPOSED’ CHALLENGES conventional perceptions and evokes empathy through personal, unforgettable stories.

Israeli shekel strongest for two years against the US dollar

Bank of America published a forecast about the Israeli currency. The bank's analysts expect the shekel to continue to strengthen if the ceasefire agreements are fully implemented.

 US and Israeli currency (1 dollar bills and 1 shekel coins respectively) are seen in this illustrative photo of money.

Achieve financial success through patience

It’s a long road, but if you have patience and trust the process, there’s a great chance that you will achieve financial success.

Stock Market

Amid optimistic hostage deal talks: Shekel strengthens against Dollar, Euro

The shekel recorded significant gains against the dollar and the euro, with the dollar currently trading at 3.62 shekels, a decrease of about 1.3%, and the euro falling by 0.8% to 3.71 shekels.

New Israeli Shekel bills are seen in front of an upwards-trending graph (illustration)

Shekel weakens sharply against US dollar

The Bank of Israel set the representative shekel-dollar rate down 0.248% from Monday, at NIS 3.627/$.

New Israeli Shekel bills are seen in front of an upwards-trending graph (illustration)

Israel economy: A rebound in farming could lead to a decrease in food prices

While key sectors show resilience, economists warn of lasting challenges due to poverty and defense spending

 A person holds Israeli shekel coins in their hand in Jerusalem on December 18, 2024.