Shekel

Court indicts teen for stealing thousands from Israeli synagogue, linked to break-in at second

The Beit She'an Juvenile Court indicted the 15-year-old boy who stole approximately 4,500 shekels from one synagogue and is linked to a break-in at a different synagogue in the city.

A floor mosaic from an ancient Beit She'an synagogue; illustrative.
KPMG’s Millennium Tower in Tel Aviv.

KPMG acquires Israeli tech company Q.V. in million-NIS bid to strengthen competitive advantage

 THE STOCK exchange flag flies between two Israeli flags at the Tel Aviv Stock Exchange building. In 2024, the Israeli stock market outperformed all major stock indices, including the NASDAQ 100, the S&P 500, and the FTSE 100, the writers point out.

Tel Aviv shares hit record highs after US strikes Iran nuclear sites

Finance Minister Bezalel Smotrich speaks in the Knesset plenum, in Jerusalem, March 25, 2025

Smotrich orders cancellation of waiver on cooperation with Palestinian banks


Southern Israel resident convicted of one million NIS fraud through phishing

Magistrates’ Court Judge Anat Choleta found that the defendant exploited Bank Hapoalim’s “Deposit Envelope” service to commit fraud totalling nearly NIS 1 million.

Bank Hapoalim

Tel Aviv stocks take a sharp dip on Sunday

The TA-90 fell by 4.5%, TA-35 fell by 3.3%, TA-125 fell by 3.4%, and the banks index fell by over 6.5%, which also followed a sharp depreciation of the shekel on Friday.

 ILLUSTRATION: Benjamin Netanyahu and Ronen Bar

Israel's shekel and bonds slide as Gaza ceasefire buckles

Israel’s shekel fell up to 0.5%, and stocks dropped 1.2% as renewed Gaza strikes ended a fragile ceasefire, raising economic and humanitarian concerns.

An Israeli Air Force F-35 flies during an aerial demonstration at a graduation ceremony for Israeli air force pilots at the Hatzerim air base in southern Israel, June 27, 2019.

Israel’s wage growth slows in 2025 as inflation outpaces salaries

While Israel’s wages climbed in 2024, January 2025 data signals real wage erosion amid rising inflation and tax increases.

 New Israeli Shekel banknotes and coins, illustrative. November 9, 2021

Shekel gains continue as Gaza talks progress

The shekel continues to trade at its strongest levels against the dollar since early 2023.

 New Israeli Shekel banknotes and coins, illustrative. November 9, 2021

Bank of Israel to hold rates again after inflation spike - Reuters poll

The rate has stayed at 4.5% since January 2024, when it was cut from 4.75%.

New Israeli Shekel bills are seen in front of an upwards-trending graph (illustration)

Israel Tax Authority set to publish voluntary disclosure plan including 'crypto' fast track

The voluntary disclosure procedure allows Israelis who have concealed and unreported assets to report them to the state and pay tax with immunity from criminal proceedings.


Israel’s postwar economic recovery tempered by fragile ceasefire

Despite not having a national budget approved for 2025, a labor crisis, and a ceasefire that could collapse at any moment, Israel still shows signs of optimism.

Tel Aviv Stock Exchange (TASE)

Shekel maintains strong rebound against US dollar

On Wednesday, the Bank of Israel set the representative shekel-dollar rate down 0.859% from Monday.

 New Israeli Shekel banknotes and coins, illustrative. November 9, 2021

Israel's shekel flat after Trump says US targeting Gaza Strip takeover

The shekel was trading at 3.56 versus the dollar, a change of 0.06% from Tuesday's close by 0822 GMT.

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

Treasury official to Post: 'rehabilitating North and South difficult without budget'

Treasury official to Post: The continuing budget has the advantage of slowing expenditure, which moderates the deficit, but this comes with uncertainty and limits on the government to plan and act.

VARIOUS ISRAELI banknotes are displayed for an illustrative photo. The economy is well on its way to the pre-pandemic standards of budgetary discipline.