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
Amid optimistic hostage deal talks: Shekel strengthens against Dollar, Euro
The shekel recorded significant gains against the dollar and the euro, with the dollar currently trading at 3.62 shekels, a decrease of about 1.3%, and the euro falling by 0.8% to 3.71 shekels.
Shekel weakens sharply against US dollar
The Bank of Israel set the representative shekel-dollar rate down 0.248% from Monday, at NIS 3.627/$.
Israel economy: A rebound in farming could lead to a decrease in food prices
While key sectors show resilience, economists warn of lasting challenges due to poverty and defense spending
War's heavy financial toll on families only going to get worse - Paamonim aid org
"Since the holidays we have seen a significant increase of over 250 families a week" turning to the organization for help, she described.
Social lender boosts interest-free loans for reservists 'Yuval Fund' as requests spike
The "Yuval Fund," in honor of fallen IDF reserves Captain Yuval Silber, who was killed in action in November 2023, has provided over $4 million to reservists in loans, the organization said.
Bank Hapoalim reports Q3 2024 profit amid strong credit growth and operational resilience
Despite a slight decrease compared to the previous quarter, the bank demonstrated solid financial performance and strong credit growth across all operational segments.
What Moody's missed when lowering Israel's credit rating - opinion
"Despite criticisms, Moody’s analysis of Israel's fiscal health is overly pessimistic."
Navigating getting your money into Israel as a new immigrant
The red flags are best avoided. Cooperation with bank questions is more likely to free up your money than suing the bank.
Fitch downgrades Israel's credit rating to A amid geopolitical tensions and ongoing conflict
Fitch Ratings downgraded Israel’s credit rating from A+ to A, citing heightened geopolitical risks and the ongoing Israel-Hamas conflict.
Israel shekel stumbles amidst Iran and Hezbollah attack concerns
The New Israeli Shekel levels show that the currency has suffered its worst daily decline since the October 7 massacre.
