Shekel

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 in Raanana

Amdocs to lay off 3,000 employees

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

Shekel gains sharply despite interest rate cut

 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.

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


20 million shekels in funding goes toward Arab, hi-tech integration

The Israel Innovation Authority and the Directorate General of Labor have published a tender in order to promote the incorporation of Arabs into Israel’s hi-tech sector.

 Israeli flags flutter at a business park housing hi-tech companies, at Ofer Park in Petah Tikva.

Israeli shekel staged strong comeback in July

During July, the Israeli shekel strengthened 5.1% against the basket of the world's major currencies.

 Illustration photo of the new 200 New Israeli Shekel (NIS) bill. February 7, 2016

Shekel: Making dreams come true for Israelis with special needs

SHEKEL provides an astonishing, and growing, set of services for people with intellectual as well as physical disabilities throughout Israel.

 SHEKEL president Lihi Lapid shares a laugh at one of the centers for people with autism, in Jerusalem.

Israel's TASE and shekel boosted by Ukraine de-escalation

On the TASE, the Tel Aviv 35 Index is currently 2.13% higher at 1992.53 points and the Tel Aviv 125 Index is 1.86% higher at 2077.36 points.

MARKET DATA at the Tel Aviv Stock Exchange.

Shekel weakens ahead of European rate call

The Bank of Israel set the representative shekel-dollar rate down 0.284% from Tuesday, at NIS 3.160/$, and the representative shekel-euro rate was set 0.098% higher at NIS 3.575/euro.

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

Shekel opens month with gains against dollar

The US dollar has been sliding today against all the world's major currencies after rallying over the past month due to comments from Fed chairman Jerome Powell about tightening monetary policy.

 A Isreal Shekel note and a U.S. Dollar note are seen in this June 22, 2017 illustration photo.

Shekel weaker against dollar after Fed meeting

The shekel is weakening today against the dollar and strengthening against the euro.

 A Isreal Shekel note and a U.S. Dollar note are seen in this June 22, 2017 illustration photo.

Shekel at weakest in two months

The shekel has been depreciating over the past week as international stock markets fall and Israeli institutional investors are forced to sell shekels and buy foreign currency.

Shekels and dollars

Wall Street rally fuels shekel surge

The shekel-dollar rate is currently down 0.75% in comparison with yesterday's representative rate, at NIS 3.114/$. The shekel-euro rate is down 0.5%, at NIS 3.5149/euro.

 A street sign for Wall Street is seen outside the New York Stock Exchange (NYSE) in New York City, New York, US, July 19, 2021.

Bank of Israel keeps benchmark interest rate at 0.1% as inflation eases

The shekel last week reached a 26-year high versus the dollar and 20-year peak against the euro.

The Bank of Israel building is seen in Jerusalem June 16, 2020.