Shekel

Innovation Authority launches NIS 1 billion solution for companies hit by shekel-dollar crisis

The fund aims to provide a financial hand for technology startups and early-stage projects whose runway to operate the company has been hit because of the strong shekel.

Shekel-dollar ilustrative picture.
Matan Shitrit, Chief Economist at Phoenix Financial

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

  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


Bank of Israel considering the issue of digital shekel stablecoin

The digital currency would enable much more convenience and transaction security, but would also carry its own host of risks.

Israel develops new 'bitcoin' currency (Illustrative)

Netanyahu, Herzog reached out to Moody's before credit outlook downgrade

If Israel's credit rating drops, Israel can expect a higher interest rate on short-term loans and inflation.

 Incoming prime minister Benjamin Netanyahu is seen next to Israeli President Isaac Herzog.

SHEKEL screens emotional films with people with disabilities

All four films were moving and showed diverse facets of the special-needs community all around the world, but it also emphasized mutual issues and experiences.

 SINGER LILACH MACHLOFF and pianist Imri Gilad of the Israel Integrative Orchestra in performance.

Israeli shekel nears three-year low as Smotrich defends judicial reform

The shekel stood at 3.645 per dollar in afternoon trading, its weakest level since April 2020 and down 5.5% this month.

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

Meet the commander who made the IDF Sinai drug bust of the decade

Average busts would be around NIS 2 million, until they nabbed NIS 50 million.

 Israeli soldiers guard in the border area between Israel and Egypt near Road number 10, southern Israel, on December 5, 2018

Tel Aviv shares drop amid Jerusalem terror attacks, judicial reform

Jonathan Katz, chief economist at Leader Capital Markets, said stocks fell "for the same reason the shekel is weakening - concern regarding the judicial reform."

An electronic board displaying market data is seen at the entrance of the Tel Aviv Stock Exchange, in Tel Aviv, Israel

How to make Shekel-based investments with less tax hassle

For Anglo olim with assets held in retirement funds, the tax charges in Israel and abroad that may be triggered if funds are cashed in and reinvested can be a prohibitive obstacle.

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

Silver coins found near Temple Mount prove Jewish history of Israel

“This is the third coin of this type found in excavations in Jerusalem, and one of the few ever found in archeological excavations,” said the researchers.

Half-shekel coin from the third year of the Great Revolt.

New private company hopes to stabilize West Bank economy, and security

Company for Correspondence Services to provide services to Israeli and Palestinian banks

Cool pic Palestine money 370

Six tips to achieving financial security this coming year

If we take the right actions, we can oftentimes create some room to breathe financially.

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