Israel currency

Fintech startup Okoora expands into US, German markets

"Okoora is proud to be at the forefront of providing these solutions to businesses of all sizes in an expanding number of key markets," said Okoora Founder.

|ByJERUSALEM POST STAFF
US and Israeli currency (1 dollar bills and 1 shekel coins respectively) are seen in this illustrative photo of money.
Palestinian businessman Ahmed Hamdan offers gold coins to low-income residents seeking savings, in Gaza City August 27, 2023.

Gaza dentist makes gold coins in lieu of currency

Gaza has no currency of its own and uses the euro, US dollar, Israeli shekel, and Jordanian dinar in their daily lives.

|ByREUTERS
Inflation (Illustrative).

Israel’s June CPI: Are Bank of Israel’s counter-inflation measures paying off?

A stationary CPI may be a signal that the bank’s efforts to mitigate inflation are working — assuming the shekel and Israel’s political stability don’t crumble.

|ByZACHY HENNESSEY
Illustrative photo of Israeli money

Which exchange rate applies to an M&A deal?

Many M&A deals are denominated in foreign currency, but Israeli tax reporting is done in shekels.

|ByLEON HARRIS

Grapvine: A diplomatic snafu

MAY 17, 2016ByGREER FAY CASHMAN
Netanyahu, Ayrault and Abbas

AG to create new regulator to fight international currency related crimes

Currency trading and related economic activity makes up NIS 150,000 billion per year.

JUNE 7, 2015ByYONAH JEREMY BOB
Attorney-General Yehuda Weinstein

A-G okays advancing deal to raise minimum wage

In a turnaround decision, minimum wage will rise to NIS 5,000 over the span of two years.

JANUARY 7, 2015ByNIV ELIS
Shekel money bills