Shekel
What are tech exits doing to Israel's economy?
From tax revenues to the shekel to consumption to real estate, the wave of high-value technology company sales has implications that go beyond the sector.
Bank of Israel unexpectedly cuts interest rate
Fuel prices in Israel to drop below 7 shekels per liter for first time since 2023
Shekel surge: Currency hits three-year peak as dollar weakens, stocks climb
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.
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.
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.
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.
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.
![Stacks of Israeli shekel notes [Illustrative]](https://images.jpost.com/image/upload/f_auto,fl_lossy/q_auto/c_fill,g_faces:center,h_194,w_290/426779 "Stacks of Israeli shekel notes [Illustrative]")
Save some shekels now
Here are some tips that will help you save money.
Israel's shekel hits nine-year record high against dollar
The dollar has been weakening worldwide against the major currencies over the past few months as the US Fed prints money to cope with the coronavirus crisis.
Alberta union head describes ‘scrambling’ for shekels in healthcare criticism
The head of the largest union in Alberta, Canada, apologized a day after he used an antisemitic stereotype to criticize a $2-an-hour increase in pay for health-care aides.
Shekel weakens to NIS 3.69 against the dollar
The shekel dropped by more than 3% Thursday as coronavirus fears continue to rattle global markets.
Burgernomics: How the Big Mac suggests the shekel is too weak
Economists have compared the price of a Big Mac worldwide to gauge the relative strength of currencies - but the results should be taken with a pinch of salt.
