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Shekel

'Petty and provocative': Court fines insurance company after settling debt with bags of small change

Israeli court rules that while paying a legal debt with thousands of coins technically lawful, lack of documentation and apparent intent to inconvenience the creditor made the act unjustifiable—costing the company five times the original debt

Lital Dubrovitsky | 05.21.25

Shekel weakens sharply amid security concerns and global trade volatility

The euro climbs to recent high of 4.30 shekels during trading Monday before settling at 4.27; despite global decline in dollar’s value, U.S. currency traded around 3.71 shekels

Gad Lior | 04.22.25

Deal talks strengthen shekel: Dollar-shekel exchange rate at 3.63

Amid progress in talks to release the hostages, the shekel strengthens against foreign currencies; The dollar fell to around 3.63 shekels, the euro trades at 3.72 shekels

Gad Lior | 01.14.25

Shekel rally could push Bank of Israel toward early 2025 rate cut

Dollar falls 0.5% against shekel, reaching 9-month low, while euro weakens similarly; analysts say the rally could prompt central bank rate cut by Q1 2024

Mickey Greenfeld, Calcalist | 12.09.24

Israeli shekel surges on reports of Sinwar's death

Dollar drops by nearly 0.75% in after-hours trading, settling at around 3.73 shekels; Israeli currency gains approximately 1.4% against euro to trade at around 4.03 shekels

Gad Lior | 10.17.24

Bank of Israel averse to axing 200-shekel banknote

Israel's central bank issues statements against Netanyahu's plans to remove banknotes from circulation, but doesn't elaborate on specific reasons for denying move

Gad Lior | 09.24.24

Kill bill: Netanyahu pushing for quick phase-out of 200-shekel banknote

As part of fight against black market money, officials considering eliminating highest denomination of Israeli currency soon and gradually phasing out cash entirely; plan includes voluntary disclosure campaign and lowering transaction approval threshold

Gad Lior | 09.20.24

Shekel powers up against dollar and euro as Tel Aviv stocks rally

Greenback drops 1.3% to around 3.71 shekels while euro declines to 4.08 shekels; Tel Aviv Stock Exchange opens on a positive note with gains across the board

Ynet | 08.14.24

Tel Aviv Stock Exchange rises as shekel gains, global markets recover

TA-35 and TA-125 indices up 1.5% and 1.8%, respectively; shekel strengthens against major currencies after sinking to 9-month low, with US dollar trading at 3.78 shekels

Gad Lior | 08.07.24

Tel Aviv stock markets, shekel continue downward trend amid security concerns

Shekel looses 5% of its value in just 10 days after trading at 4.2 shekel against the euro and 3.38 against the dollar; analysts say that if an attack from Iran is delayed the trend could see a correction to the currency devaluation

Gad Lior | 08.05.24

Euro and dollar strengthen against shekel as no end of war in sight

Euro trades above 4 shekels, while dollar rises to 3.73 shekels amid growing concerns that a hostage deal and a cease-fire in Gaza are becoming less likely, along with fears of intensified war in the north

Gad Lior | 06.17.24

Shekel rebounds against dollar after weekend slump

Israeli currency buoyed by reports of emerging Hamas hostage deal, trading at 3.75 per dollar and 4.03 per euro after touching 5-month lows over weekend

Gad Lior | 04.29.24

Dollar soars to 5-month peak as shekel tumbles in war-struck economy

Amid tensions on northern border and low holiday trade intensifying exchange rate fluctuations, local currency drops to levels not seen since war's onset; dollar nears 3.82 shekels as euro surpasses 4.1

Gad Lior | 04.26.24

Despite security tension, shekel strengthens against dollar at market close

After the shekel weakened in recent days, it strengthened again against the dollar, whose representative rate was set at 3.71 shekels; At the same time, the Tel Aviv Stock Exchange was down over security tensions

Gad Lior | 04.04.24

Shekel slips against dollar and euro

Both dollar and euro appreciate by 0.5%, with greenback nearing 3.60 shekels and single currency trading around 3.93 shekels; analysts believe Bank of Israel unlikely to cut interest rates in upcoming April decision

Gad Lior | 03.11.24