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Israeli Big Brother

Former Israeli 'Big Brother' contestant suspected of robbing post office

Portal, who appeared on the fourth season of the reality show nearly a decade ago, allegedly entered the post office during the Sukkot holiday and stole thousands of shekels at gunpoint.

Shekel strengthens to 7-month high

The national currency was trading at NIS 3.214 to the dollar Thursday afternoon, the strongest since mid-January.

05/08/2021

New NIS 5 coin design thanks healthcare workers on COVID frontlines

The Bank of Israel intends to issue several millions of special edition coins to be distributed to the public through banks and the Israel Postal Company.

02/07/2021

Police fines driver who tried to pass corpse as passenger for HOV lane

The driver was fined 500 shekels and has 90 days to pay up.

Israel develops new 'bitcoin' currency (Illustrative)

Is Israel on the way to a digital shekel?

The central bank has been examining the issue of central bank digital currencies (CBDC) since 2017, and has yet to make any decisions.

11/05/2021
Shekels and dollars

Dollar to NIS 3.30 is 'the new normal' - Leumi

In contrast to recent years, the shekel-dollar rate is likely to hover around NIS 3.30 for the near future, according to Bank Leumi analysts.

19/04/2021
An Israeli shekel note is seen in this June 22, 2017 illustration photo.

Bank of Israel vs the FX market: Can $30 billion stem the shekel's ascent?

For now, the plan has worked. The shekel has slipped 5% to 3.28 since the Bank of Israel announcement. Analysts believe speculative flows have been mostly scared away.

By REUTERS
26/01/2021
The Bank of Israel building in Jerusalem

Bank of Israel to buy $30b. of foreign currency in 2021 as shekel soars

The shekel has appreciated more than 10% against the dollar since the beginning of 2020.

By REUTERS
14/01/2021
Stacks of Israeli shekel notes [Illustrative]

Shekel at strongest against dollar in 23 years

A strong currency is generally seen as a blessing for those holding the currency, but a curse for people who receive payments in dollars.

27/12/2020
money

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