Shekel

Strong shekel squeezes Israeli high-tech as AI reshapes the industry - opinion

What appears from the outside to be a badge of economic excellence looks from within like a sharp cut in revenue: the dollars keep coming in, but once converted into shekels, they are worth far less.

 New Israeli Shekel banknotes and coins, illustrative. November 9, 2021
General view of the Lahav 433 police unit headquarters in the city of Lod on August 2, 2026.

Lahav 433 questions figure close to senior Likud circles over alleged concealment of assets

Shekel-dollar ilustrative picture.

Innovation Authority launches NIS 1 billion solution for companies hit by shekel-dollar crisis

Matan Shitrit, Chief Economist at Phoenix Financial

Israel in the eye of the storm — But the economy tells a different story


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

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

Israeli banknotes come from countries in the world that use Forex or financial financials.

Your Taxes: Good news for Israelis with foreign rental income

In 2024, the NII issued Circular No. 1314, stating that it had stopped collecting NII contributions on Israeli residential rental income. But the NII said nothing about foreign rental income.

Gavel [Illustrative]

Tel Aviv stock market bucks global trends, betting on Israel’s future stability

As Israel confronts Iran, the Tel Aviv Stock Exchange climbs, driven by optimism for reduced geopolitical risk and market resilience.

THE TEL AVIV Stock Exchange.

Israelis let NIS 1.5 trillion slowly evaporate

The value of your money is slowly being eroded, perhaps without you even knowing

Israeli shekel