Dollar

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

Exporters have called on the Bank of Israel to lower rates or intervene in the foreign exchange market.

 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.
 High-tech company, illustration

Israel's high-tech faces unexpected crisis as dollar slides 20% against shekel

The New Israeli Shekel (NIS) is stronger than ever.

A strong shekel, a weakened export engine

Israeli shekel

Dollar falls below three shekels for first time in over 30 years, annual inflation rate declines


Turkey's central bank delivers bold rate hike amid inflation concerns

The sharp rate increase sparked a rally for the Turkish lira, which appreciated as much as 2%. 

 A logo of Turkey's Central Bank is pictured at the entrance to its headquarters in Ankara, Turkey February 8, 2024.

Highest demand in history: Israel raised $8 billion abroad

The issuance of US bonds and the high demand total $38 billion. Smotrich: "A vote of confidence from investors in the Israeli economy."

 Yahli Rotenberg

Attack on Israel could boost appeal of gold and safe haven assets

Rising geopolitical risk could see buying in assets like gold and the dollar and potentially boost demand for US Treasuries.

Investing in Gold

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

How Russia can re-strengthen the ruble - analysis

With its latest decline, the ruble is worth only one US cent. That seems humiliating for the great power that Putin deems Russia to be.

 THE RUSSIAN ruble’s exchange rate mirrors Russia’s sorry recent history, says the writer.

US dollar dominance to persist for decades despite challenges - Moody's

"The greatest near-term danger to the dollar's position stems from the risk of confidence-sapping policy mistakes by the US  authorities themselves," Moody analysts wrote.

 An American $100 dollar bill.

Middle East explores alternatives to dollar dominance

Despite conducting fewer transactions in US dollars, the American currency still presides over the region’s international markets.

 An American $100 dollar bill.

Jet set the inexpensive way with this Dollar Flight Club subscription

You could take a European grand tour or girls' weekend in Miami for less.


Voices from the Arab press: Iran and the temptations of dollarization

A weekly selection of opinions and analyses from the Arab media around the world.

 A MONEY changer counts out US dollars for a customer in Tehran’s business district.

Russia and Iran conspire to weaken US dollar in joint meeting

Iranian media reported that Moscow expressed readiness to invest in Iran's steel, oil and petrochemical industries.

 Iran's Secretary of the Supreme National Security Council Ali Shamkhani meets with Russia's Presidential Aide Igor Levitin in Tehran, Iran, April 9, 2023.