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Dollar
Shekel weakens to about 3.8 against US dollar as High Court discusses judicial reform
The shekel has continued to weaken against the dollar, settling at a rate of 3.798 shekels, following yesterday's drop from 3.85 shekels, that was influenced by reports indicating a potential compromise in the judicial reform; As for the euro, the current exchange rate stands at 4.0694 shekels
Gad Lior
|
09.13.23
Weakening Shekel brings losses to the Israeli market
Households, most businesses suffer as local currency value is down by 3% in just one month and 17% in the past year; Bank of Israel thought to consider additional rise in interest rates in September
Gad Lior
|
08.23.23
Dollar leaps above 3.8 shekels, sparking concerns about central bank intervention
Experts worried central bank may further hike interest rates as soon as early September as Israeli currency continues to devaluate, further hurting mortgage holders amid inflation pains
Gad Lior, Attila Somfalvi
|
08.21.23
The Israeli shekel rebounds against the dollar
After surpassing the 3.77 shekels mark yesterday, the dollar settles at 3.75 shekels, while the euro is at 4.09 shekels; Meanwhile, second-quarter growth is at 3%, and despite a recent dip in annual inflation, analysts predict another rise in the upcoming month
Gad Lior
|
08.16.23
Over 26 billion shekels: Capital flight yields big returns for Israeli investors
Since the beginning of the year, average exposure to foreign assets jumped to 47.5% but the outflow of capital seems to be abating; In the meantime, the gamble seems to have paid off as the S&P 500 and NASDAQ soar
Almog Ezer/Calcalist
|
06.12.23
Exploring the foreign exchange market: What causes the shekel's strength or weakness?
In the past week, Israel's shekel has strengthened after a long period of weakness, which the Bank of Israel attributed, among other factors, to judicial reform; Who are the actual traders in the foreign exchange market? Why is it different from other markets and how does it affect interest rates and prices?
Dan Raban
|
06.11.23
Israeli shekel weakens after IDF chief's Iran warning
Local currency's value takes a beating for second day straight after top army commander hints Israeli action against arch-foe's nuclear program might be imminent
Ynet
|
05.24.23
Should Netanyahu intervene in Israel's economic crisis?
Opinion: With the Israeli economy seemingly headed straight for a financial iceberg, it is time for the prime minister—who was once one of Israel's greatest finance ministers—to step in and steer the economy back to a safe harbor
Gad Lior
|
05.16.23
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