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


BoI keeps interest rate unchanged, sees 5.5% growth in 2022

The Bank of Israel predicts inflation of 1.6% in 2022 and 2% in 2023, in the middle of the 1%-3% annual target range.

 BANK OF ISRAEL Governor Amir Yaron

Wall Street rally fuels shekel surge

The shekel-dollar rate is currently down 0.75% in comparison with yesterday's representative rate, at NIS 3.114/$. The shekel-euro rate is down 0.5%, at NIS 3.5149/euro.

 A street sign for Wall Street is seen outside the New York Stock Exchange (NYSE) in New York City, New York, US, July 19, 2021.

Turkish lira slips to record low because of Erdogan

Recep Tayyip Erdogan interferes in Turkey's monetary policy - with serious consequences for the country's currency.

Turkish President Tayyip Erdogan speaks during a news conference following a cabinet meeting in Ankara, Turkey, December 14, 2020

Shekel reaches NIS 3.11 to the dollar as ‘avalanche’ continues

The shekel has gained 4 percent so far this year, making it one of the top global currency performers of 2021.

Dollar and shekel, side by side

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.

Shekels and dollars

Why is getting money into Israel so difficult? - opinion

The problem is not moving the money, it is being allowed by your Israeli bank to use it.

Calculating taxes

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]

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.

Dollar and shekel, side by side

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.

money

Israel raises $3 billion in record US dollar bond issue

Demand for the issues, the Finance Ministry said, reached an all-time high of $20 billion and attracted more than 400 different investors from 40 countries.

An electronic board displaying market data is seen at the entrance of the Tel Aviv Stock Exchange, in Tel Aviv, Israel January 29, 2017