Shekel

Israel in the eye of the storm — But the economy tells a different story

The State of Israel sits at the center of the geopolitical turbulence, yet precisely at this juncture many of its macro indicators look better than those of quite a few countries far removed from it.

Matan Shitrit, Chief Economist at Phoenix Financial
  New Israeli Shekel banknotes and coins are seen in this picture illustration taken November 9, 2021.

Bank of Israel lowers interest rate to 3.5% in response to strong shekel, halt in war with Iran

 Royal Beach Hotel

Israel approves NIS 360m five-year plan to transform Eilat into southern economic and tourism hub

Israeli real estate – construction site.

Inflation and housing prices show continued declines in Israel


Strong shekel hits Israeli real estate costs in Europe

Israeli real estate companies have always loved Europe. According to research by real estate consultancy company JLL, Israelis are the 14th biggest investors in European real estate.

 Illustration photo of the new 100 Israeli Shekel bill. December 31, 2017.

This woman made aliyah and led the push for Israeli disability inclusion

Clara Katz Feldman is the social visionary behind the SHEKEL organization that has transformed the field in Israel and several other countries.

 AT LEFT, with residents of the SHEKEL kibbutz apartment on Kibbutz Alumim.

BOI’s interest rate increase will cause problems for the housing market – experts

Following the rise of the Bank of Israel’s interest rate, experts predict trouble for the future of Israel’s real estate economy.

An Israeli flag flutters outside the Bank of Israel building in Jerusalem

Bank of Israel raises interest rate by 0.75% to 2%

The last time the Bank of Israel moved by three-quarters of a point was a rate reduction in early 2009.

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

Four reasons to believe Israel’s inflation has peaked

Inflation in Israel is still considerably lower than in other developed countries. Nevertheless, July’s inflation figure came as an unpleasant surprise.

 Inflation (Illustrative).

The plummeting pound and soaring shekel can be a problem for olim - opinion

The rate of exchange is a major factor for olim in deciding what finances to transfer to Israel and what to leave behind.

 THOSE WHO rely solely on their British pension (and pensions from other countries such as the US, for example, to a lesser degree) for their income have been even more severely affected.

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.