Israel currency
The strength of the shekel
The Israeli shekel is expected to remain an attractive currency for investors around the world as Israel continues to advance, introduce solutions globally, foster innovation, expand, and succeed
Fintech startup Okoora expands into US, German markets
Gaza dentist makes gold coins in lieu of currency
Israel’s June CPI: Are Bank of Israel’s counter-inflation measures paying off?
Which exchange rate applies to an M&A deal?
Many M&A deals are denominated in foreign currency, but Israeli tax reporting is done in shekels.
HSBC predicts Israeli shekel will suffer if judicial reform passes - report
HSBC made it clear, according to N12, that the shekel is expected to get stronger but that legal reform could stifle this growth.
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."
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.
Israeli Digital bank ONE ZERO launches for the first time in four decades
Did you know that a new bank opened in Israel on August 16? The digital bank ONE ZERO has completed its trial period and currently offers three routes.
Israel adds Chinese RMB to Central Bank reserves for first time, cuts USD holdings
Israel, whose foreign currency reserves have traditionally been made up of Dollars, Euros and British Pounds, will add four new currencies – including the Chinese Yuan (RMB).
Seven shifts in the quest to make progress useful
A new business landscape is slowly coming into view.
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.
New NIS 5 coin design thanks healthcare workers on COVID frontlines
The Bank of Israel intends to issue several millions of special edition coins to be distributed to the public through banks and the Israel Postal Company.
Your taxes: Are bitcoins and other virtual currencies tax-exempt?
Israel Tax Authority issued a draft tax circular on January 11 that details its position on the taxation of activity in virtual currencies such as bitcoins.
