Shekel
July spending record: Daily average reached NIS 1.771 Billion
Shva data for July points to a 5.8% surge in charge card spending compared to last year, reaching NIS 54.857 billion. Meanwhile, cash withdrawals from ATMs climbed to a record NIS 6.057 billion.
Strong shekel squeezes Israeli high-tech as AI reshapes the industry - opinion
Lahav 433 questions figure close to senior Likud circles over alleged concealment of assets
Innovation Authority launches NIS 1 billion solution for companies hit by shekel-dollar crisis
Israel’s stock market jumped 50%, Is it time to rebalance? - opinion
The Tel Aviv Stock Exchange rallied sharply, with sentiment improving, thanks to a perceived easing of threats from Hezbollah and Iran, as well as strong corporate results led by the financial sector.
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.
KPMG acquires Israeli tech company Q.V. in million-NIS bid to strengthen competitive advantage
Q.V. is an Israeli technology company that specializes in advanced, AI-powered solutions on SAP infrastructure for large enterprises.
Tel Aviv shares hit record highs after US strikes Iran nuclear sites
Bond prices increased as much as 0.2% on Sunday. The shekel does not trade on Sunday but it has rallied from 3.61 per dollar on June 11 to 3.48 on Friday and is up some 1% this month.
Smotrich orders cancellation of waiver on cooperation with Palestinian banks
This move could effect the collapse of the PA.
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.
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.
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.
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.
Shekel gains continue as Gaza talks progress
The shekel continues to trade at its strongest levels against the dollar since early 2023.