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.

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

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

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


Israeli shekel sees 10.34% decline vs. USD since 2023 - new research

In spite of this data, Finance Minister Bezalel Smotrich said, "Israeli economy is showing relative resilience and stability."

 Finance Minister Bezalel Smotrich is seen addressing a Knesset committee meeting in Jerusalem, on July 19, 2023.

Do you have a NIS 10 coin? It might be worth a lot of money

A TikTok user uploaded a video highlighting an engraving flaw on the coin. If you're lucky enough to have one, you can sell it to coin collectors in Israel or abroad and earn 13 times its face value.

Israeli shekels

Shekel weakens by more than 2% as Israel's coalition delays key Knesset vote

Main indexes on Tel Aviv Stock Exchange edged slightly down as Prime Minister Benjamin Netanyahu's coalition appeared to delay the Judicial Selection Committee vote

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

Bank of Israel considering the issue of digital shekel stablecoin

The digital currency would enable much more convenience and transaction security, but would also carry its own host of risks.

Israel develops new 'bitcoin' currency (Illustrative)

Netanyahu, Herzog reached out to Moody's before credit outlook downgrade

If Israel's credit rating drops, Israel can expect a higher interest rate on short-term loans and inflation.

 Incoming prime minister Benjamin Netanyahu is seen next to Israeli President Isaac Herzog.

SHEKEL screens emotional films with people with disabilities

All four films were moving and showed diverse facets of the special-needs community all around the world, but it also emphasized mutual issues and experiences.

 SINGER LILACH MACHLOFF and pianist Imri Gilad of the Israel Integrative Orchestra in performance.

Israeli shekel nears three-year low as Smotrich defends judicial reform

The shekel stood at 3.645 per dollar in afternoon trading, its weakest level since April 2020 and down 5.5% this month.

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

Meet the commander who made the IDF Sinai drug bust of the decade

Average busts would be around NIS 2 million, until they nabbed NIS 50 million.

 Israeli soldiers guard in the border area between Israel and Egypt near Road number 10, southern Israel, on December 5, 2018

Tel Aviv shares drop amid Jerusalem terror attacks, judicial reform

Jonathan Katz, chief economist at Leader Capital Markets, said stocks fell "for the same reason the shekel is weakening - concern regarding the judicial reform."

An electronic board displaying market data is seen at the entrance of the Tel Aviv Stock Exchange, in Tel Aviv, Israel

How to make Shekel-based investments with less tax hassle

For Anglo olim with assets held in retirement funds, the tax charges in Israel and abroad that may be triggered if funds are cashed in and reinvested can be a prohibitive obstacle.

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