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Currency
Shekel hits four-year high as markets rally, dollar slips below 3.20
Israeli currency surges amid rising investor confidence, S&P credit outlook upgrade and easing geopolitical risks; Bank of Israel rate decision looms as analysts weigh inflation data and potential monetary easing
Mickey Greenfeld
|
11.13.25
No more Assad on the money: Syria phases out old currency in symbolic move
Syria to issue new banknotes in December, sources say, removing two zeros from denominations; change aims to restore confidence in devalued pound, mark symbolic move away from Assad's rule
Reuters
|
08.23.25
Dollar hits lowest against shekel since 2023; rate cut likely, analysts say
Despite ongoing regional war, Israeli currency gains sharply; experts now expect Bank of Israel to begin cutting interest rates as early as September amid easing inflation and a stronger currency
Calcalist
|
06.30.25
To the last cent: The iconic coins and bills that disappeared from the world
After the French franc, German mark, Italian lira, Greek drachma, and Israeli lira, the Trump administration’s decision to stop minting the penny makes economic sense—but may also spell the end of centuries-old cultural expressions and linguistic heritage
Tzippy Shmilovitz
|
05.30.25
In Syria, 2 currencies and no stability
Syrian pound's collapse, worsened by war and sanctions, has driven parts of northern Syria to adopt Turkish lira; while offering short-term relief, dual-currency system deepens economic instability and highlights Syria’s fractured financial and political landscape
Rizik Alabi/The Media Line
|
04.02.25
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