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Shekel

Dollar plunges as strong shekel squeezes exporters: what can Bank of Israel do?

Dollar has fallen 25% against the shekel in two years, hitting exporters; Bank of Israel Governor Amir Yaron faces three options: buy dollars, sharply cut rates or do nothing — also a risk

Sever Plocker | 05.31.26

Record-low dollar, soaring shekel reshape market for olim and foreign buyers

Developers are offering more flexible terms, including fixed exchange-rate benchmarks and payment structures that give foreign buyers more breathing room

Noah Sander | 05.31.26

Rate cut, war easing — so why is the dollar still sinking?

Dollar falls below 2.86 shekels as traders bet the Bank of Israel will avoid intervention, lowering import costs and likely bringing relief at the pump

Gad Lior | 05.26.26

Bank of Israel faces impossible rate call as war, shekel surge and slowing growth collide

Analysis: pressure is building for a rate cut as inflation cools and growth weakens, but a stronger shekel, war with Iran, energy risks, fiscal expansion and political uncertainty leave policymakers with no clean path

Adrian Filut/Calcalist | 05.25.26

Shekel shocker may force Bank of Israel to act amid inflation undershoot fears

Swiss investment bank UBS warns a dollar slide toward NIS 2.80 could push inflation below target, as tech flows, Wall Street gains and the Google-Wiz deal fuel shekel surge

Adrian Filut, Calcalist | 05.21.26

Dollar trading at 2.90 shekels as markets await Iran's response

The dollar is trading at a more than 30-year low as investors continue to follow developments related to a possible agreement with Iran as well as the April monthly jobs report in the US

Mickey Greenfeld, Calcalist | 05.07.26

'I’d hire everyone abroad': strong shekel squeezes Israeli high-tech

High-tech leaders warn dollar’s plunge driving up costs, raising fears R&D may bypass Israel and delivering 21 billion shekel blow to industry

Sophie Shulman/Calcalist | 05.07.26

Dollar reaches new 30-year low after Trump hints at possible Iran deal

The dollar hit another three-decade low, with the representative rate at NIS 2.944, as the US currency weakened after Washington signaled a possible Iran deal

Noam Landman, Calcalist | 05.06.26

A strong currency, a fragile economy: the real impact of the rising shekel

A stronger shekel may make vacations and imports cheaper, but it quietly erodes Israel’s exports, jobs and competitiveness; driven by hedging and tech inflows, not fundamentals, the trend pressures growth and exposes structural risks in the economy

Netanel Ariel | 05.04.26

Israel approves first shekel-backed stablecoin for limited launch

Bits of Gold, a licensed financial asset service provider, will issue the coin under strict supervision, with full 1:1 reserves held in Israel and mechanisms for liquidity, redemption and regulatory reporting

Gad Lior | 04.27.26

Israelis rush to buy dollars, sparking nationwide shortage

The dollar has fallen below 3 shekels, sending Israelis rushing to exchange shops for US cash before a rebound, with many outlets running out within minutes as wartime delays disrupt overseas shipments

Gad Lior | 04.26.26

'Israeli engineers are 20% more expensive': strong shekel shakes tech hiring decisions

As the shekel strengthens past 3 per dollar, Israeli tech firms warn of rising costs, stalled hiring and relocation of R&D to Eastern Europe, India and Latin America, saying the trend threatens competitiveness

Tal Shahaf | 04.20.26

Rising shekel puts pressure on Israeli exporters, risks shift to US

Analysis: With the shekel at 3 per dollar, exporters face shrinking returns despite record $164B exports; heavy reliance on the US market and ongoing economic strain are pushing companies abroad, prompting calls for urgent government support

Avi Balashnikov | 04.16.26

Dollar drops below 3 shekels for first time since 1995 as Israeli currency surges

The US currency trades around NIS 2.99, driven by sustained inflows from tech and foreign investment, while a stronger shekel lowers import costs but raises pressure on exporters and Israel’s key industries

Gad Lior, Shlomo Teitelbaum‏ | 04.15.26

Israel’s economy flushed with dollars, raising fears for exports, jobs and growth

Dollar fell from 3.7 to 3.1 in a year as foreign investment surged; exporters warn profits are shrinking, with firms considering moving activity abroad while Bank of Israel resists intervention over inflation concerns

Shlomo Teitelbaum/Calcalist | 04.14.26