Shekel

Dollar falls below three shekels for first time in over 30 years, annual inflation rate declines

Avraham Novogrocki, president of Israel’s Manufacturers’ Association, which represents some 1,500 firms and 400,000 workers, said the strong shekel posed a risk to the economy.

Israeli shekel
A hand is seen holding several dollar bills before the Israeli flag in this illustrative image.

Shekel at 30-year strongest against dollar

The Fitch Ratings building is seen in New York

Fitch holds Israel's credit rating at 'A', but debt and war cloud outlook

Israeli banknotes come from countries in the world that use Forex or financial financials.

The strength of the shekel


Israel pushes to outlaw possession of over NIS 200,000 in cash

Opponents of the move claim that it severely violates privacy and limits economic freedom.

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

New community model helps Israelis with disabilities age with dignity

The framework, developed by SHEKEL and approved by the Welfare and Social Security Ministry, integrates housing, employment, and holistic supports within city neighborhoods.

Top row: Prof. Tova Band-Winterstein; Ayelet Fishbein; Danny Katz; Dr. Alon Zamir; Dr. Boaz Tadmor. Second row: Offer Dahari; Clara Katz Feldman; Michal Regev.

Israel’s stock market jumped 50%, Is it time to rebalance? - opinion

The Tel Aviv Stock Exchange rallied sharply, with sentiment improving, thanks to a perceived easing of threats from Hezbollah and Iran, as well as strong corporate results led by the financial sector.

THE STOCK MARKET in Israel – as measured by the Tel Aviv 35 – has surged almost 50% since Hamas terrorists attacked the nation on October 7, 2023, say the writers.

Court indicts teen for stealing thousands from Israeli synagogue, linked to break-in at second

The Beit She'an Juvenile Court indicted the 15-year-old boy who stole approximately 4,500 shekels from one synagogue and is linked to a break-in at a different synagogue in the city.

A floor mosaic from an ancient Beit She'an synagogue; illustrative.

KPMG acquires Israeli tech company Q.V. in million-NIS bid to strengthen competitive advantage

Q.V. is an Israeli technology company that specializes in advanced, AI-powered solutions on SAP infrastructure for large enterprises.

KPMG’s Millennium Tower in Tel Aviv.

Tel Aviv shares hit record highs after US strikes Iran nuclear sites

Bond prices increased as much as 0.2% on Sunday. The shekel does not trade on Sunday but it has rallied from 3.61 per dollar on June 11 to 3.48 on Friday and is up some 1% this month.

 THE STOCK exchange flag flies between two Israeli flags at the Tel Aviv Stock Exchange building. In 2024, the Israeli stock market outperformed all major stock indices, including the NASDAQ 100, the S&P 500, and the FTSE 100, the writers point out.

Smotrich orders cancellation of waiver on cooperation with Palestinian banks

This move could effect the collapse of the PA.

Finance Minister Bezalel Smotrich speaks in the Knesset plenum, in Jerusalem, March 25, 2025

Southern Israel resident convicted of one million NIS fraud through phishing

Magistrates’ Court Judge Anat Choleta found that the defendant exploited Bank Hapoalim’s “Deposit Envelope” service to commit fraud totalling nearly NIS 1 million.

Bank Hapoalim

Tel Aviv stocks take a sharp dip on Sunday

The TA-90 fell by 4.5%, TA-35 fell by 3.3%, TA-125 fell by 3.4%, and the banks index fell by over 6.5%, which also followed a sharp depreciation of the shekel on Friday.

 ILLUSTRATION: Benjamin Netanyahu and Ronen Bar

Israel's shekel and bonds slide as Gaza ceasefire buckles

Israel’s shekel fell up to 0.5%, and stocks dropped 1.2% as renewed Gaza strikes ended a fragile ceasefire, raising economic and humanitarian concerns.

An Israeli Air Force F-35 flies during an aerial demonstration at a graduation ceremony for Israeli air force pilots at the Hatzerim air base in southern Israel, June 27, 2019.