Shekel

Fitch holds Israel's credit rating at 'A', but debt and war cloud outlook

The US-Israeli strikes on Iran have added to concerns over Israel's deficit, with Fitch noting that Israel's "fractious domestic politics" could hinder fiscal consolidation.

The Fitch Ratings building is seen in New York
Israeli banknotes come from countries in the world that use Forex or financial financials.

The strength of the shekel

Gavel [Illustrative]

Your Taxes: Good news for Israelis with foreign rental income

THE TEL AVIV Stock Exchange.

Tel Aviv stock market bucks global trends, betting on Israel’s future stability


Dairy prices to jump 4.48% from May 1 for price-controlled products

Among product prices impacted, the price of one liter of bagged 3% milk will go from NIS 5.94 to NIS 6.21 and one carton of 1% milk will rise from NIS 6.41 to NIS 6.7.

Milk, with a sign reading 'the milk is limited to 2 cartons per customer,' is seen in a Jerusalem supermarket on March 22, 2023

Israel-Hamas war doubles Israel's debt raising in 2023

The outbreak of the Israel-Hamas war in October led to a doubling of Israel's borrowing in the past year, with the state raising 160 billion shekels in debt.

 Market data is seen on part of an electronic board displayed at the Tel Aviv Stock Exchange, in Tel Aviv, Israel November 4, 2020

The price of the Gaza war: How much will Israelis pay for more soldiers?

The study found that higher economic costs stemmed from reserve duty rather than regular service.

 IDF soldiers operate in the Gaza Strip, March 20, 2024.

Shekel drops as Hezbollah hits North

Israel's uncertain security situation and the threat of war in the north was part of Moody's downgrade of the country's credit rating last month.

 An illustrative image of a graph going down.

Two Israelis win NIS 9 million in latest lottery draw

The draw saw a lottery ticket and a double lottery ticket, both purchased by the couple, winning the first and second prizes.

The winners of Mifal Hapayis' NIS 9 million win is seen with their earnings on January 4, 2024

The shekel is getting stronger, but for the wrong reasons - analysis

The shekel-dollar rate has dropped below NIS 3.6, indicating the Israeli currency’s increasing strength — but it may be coming as a result of deeper issues.

 An illustrative image indicating financial trouble for the Israeli economy.

Inflation in Israel works its way down as interest rate cut looms

As the shekel begins a climb from recent lows, analysts anticipate interest cuts upcoming, even as early as the end of November.

VARIOUS ISRAELI banknotes are displayed for an illustrative photo. The economy is well on its way to the pre-pandemic standards of budgetary discipline.

Israel markets sink, businesses shut after Hamas attack

Factories are still operating to limit concerns over scarcity of essentials

 View of screens showing falling stocks at the Tel Aviv Stock Exchange, in the center of Tel Aviv, December 23, 2018.

Shekel sinks to weakest against dollar since 2016

The rate was set at 3.861 after the dollar gained strength globally.

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

Israel central bank says digital shekel launch an 'open question'

Israel's central bank has been experimenting with a digital shekel with its Hong Kong counterpart and the Bank for International Settlements.

Israel develops new 'bitcoin' currency (Illustrative)