Shekel

Will the NIS 200 banknote be canceled?

Tax Authority: "We need to cancel all the 200s." Bank of Israel: "No professional basis justifying the cancellation of any given banknote has been presented to the Governor."

NIS 200 banknotes.
New Israeli Shekel banknotes are seen in this picture illustration.

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

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


Bank of Israel cuts key rate by .25 percent after Gaza ceasefire

It represents the first reduction in nearly two years, as a ceasefire in Gaza eased inflation and reduced geopolitical risk.

 The Bank of Israel building is seen in Jerusalem June 16, 2020. Picture taken June 16, 2020.

Israel on the path to $1 trillion: Strong economy, weak infrastructure - opinion

With a population of roughly 10 million, Israel benefits from a large and expanding labor force. Its $580 billion nominal GDP and $58,000 GDP per capita reflect how far the country has come.

 US and Israeli currency (1 dollar bills and 1 shekel coins respectively) are seen in this illustrative photo of money.

Israel pushes to outlaw possession of over NIS 200,000 in cash

Opponents of the move claim that it severely violates privacy and limits economic freedom.

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

New community model helps Israelis with disabilities age with dignity

The framework, developed by SHEKEL and approved by the Welfare and Social Security Ministry, integrates housing, employment, and holistic supports within city neighborhoods.

Top row: Prof. Tova Band-Winterstein; Ayelet Fishbein; Danny Katz; Dr. Alon Zamir; Dr. Boaz Tadmor. Second row: Offer Dahari; Clara Katz Feldman; Michal Regev.

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.

THE STOCK MARKET in Israel – as measured by the Tel Aviv 35 – has surged almost 50% since Hamas terrorists attacked the nation on October 7, 2023, say the writers.

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 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.

KPMG’s Millennium Tower in Tel Aviv.

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.

 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.

Smotrich orders cancellation of waiver on cooperation with Palestinian banks

This move could effect the collapse of the PA.

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

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