Shekel

Dollar-shekel exchange rate reaches NIS 3.1 for first time since April's strengthening round

The shekel reported a 1% rise during the last 24 hours, according to data by the Bank of Israel, reaching its highest point since April.

New Israeli Shekel banknotes are seen in this picture illustration.
Bank of Israel Governor Professor Amir Yaron speaks at the Knesset; illustrative.

Israel's next government faces heavy debt, high defense costs

IDF officers

Finance Ministry report reveals major salary gaps across Israel's security organizations

Money bills

July spending record: Daily average reached NIS 1.771 Billion


Amdocs to lay off 3,000 employees

The entire technology industry is experiencing aggressive cuts, partly due to the changes brought about by AI.

Amdocs in Raanana

Shekel gains sharply despite interest rate cut

The Iran war led to a 3.3% contraction in GDP (on an annualized basis) in the first quarter

A bunch of Israeli New Shekel banknotes in the hand on the Bills background.Conceptual Image for Finance and Banking

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.

Israel’s inflation dynamics remain under control

A strong shekel, alongside structural energy factors, is moderating external price shocks.

Matan Shitrit, Chief Economist at Phoenix Financial

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

The dollar fell by approximately 20% against the shekel over the last year, which puts companies that depend on dollar income at risk.

 High-tech company, illustration

A strong shekel, a weakened export engine

According to Export Institute figures, 2025 was a record year for Israeli exports. Total exports reached $164 billion, up 10%. Services exports crossed $90 billion for the first time.

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

Israel’s hidden strength: Institutional capital pools

How long-term savings improve national resilience

David Alexander, Deputy CEO of Phoenix Financial

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

Avraham Novogrocki, president of Israel’s Manufacturers’ Association, which represents some 1,500 firms and 400,000 workers, said the strong shekel posed a risk to the economy.

Israeli shekel

Shekel at 30-year strongest against dollar

Is the shekel going to make history and move below the NIS 3/$ threshold?

A hand is seen holding several dollar bills before the Israeli flag in this illustrative image.

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