Shekel

IDB Chief Economist Einat Meir on Israel’s 2026 economic outlook and the global picture

Meir states that the Israeli shekel was one of the world’s strongest currencies in 2025, and is expected to maintain its strength in 2026

Einat Meir, chief economist at Israel Discount Bank
Israeli shekel

What are tech exits doing to Israel's economy?

Israeli shekel

Bank of Israel unexpectedly cuts interest rate

View of the southern Israeli town of Beer Sheva. March 31, 2025.

Fuel prices in Israel to drop below 7 shekels per liter for first time since 2023


Police fines driver who tried to pass corpse as passenger for HOV lane

The driver was fined 500 shekels and has 90 days to pay up.

A TRAFFIC JAM on the Ayalon Highway in Tel Aviv ahead of the third lockdown on Sunday.

Is Israel on the way to a digital shekel?

The central bank has been examining the issue of central bank digital currencies (CBDC) since 2017, and has yet to make any decisions.

Israel develops new 'bitcoin' currency (Illustrative)

Dollar to NIS 3.30 is 'the new normal' - Leumi

In contrast to recent years, the shekel-dollar rate is likely to hover around NIS 3.30 for the near future, according to Bank Leumi analysts.

Shekels and dollars

Bank of Israel vs the FX market: Can $30 billion stem the shekel's ascent?

For now, the plan has worked. The shekel has slipped 5% to 3.28 since the Bank of Israel announcement. Analysts believe speculative flows have been mostly scared away.

An Israeli shekel note is seen in this June 22, 2017 illustration photo.

Bank of Israel to buy $30b. of foreign currency in 2021 as shekel soars

The shekel has appreciated more than 10% against the dollar since the beginning of 2020.

The Bank of Israel building in Jerusalem

Shekel at strongest against dollar in 23 years

A strong currency is generally seen as a blessing for those holding the currency, but a curse for people who receive payments in dollars.

Stacks of Israeli shekel notes [Illustrative]

Save some shekels now

Here are some tips that will help you save money.

A man counts New Israeli Shekels.

Israel's shekel hits nine-year record high against dollar

The dollar has been weakening worldwide against the major currencies over the past few months as the US Fed prints money to cope with the coronavirus crisis.

Dollar and shekel, side by side

Alberta union head describes ‘scrambling’ for shekels in healthcare criticism

The head of the largest union in Alberta, Canada, apologized a day after he used an antisemitic stereotype to criticize a $2-an-hour increase in pay for health-care aides.

An Israel Shekel note

Shekel weakens to NIS 3.69 against the dollar

The shekel dropped by more than 3% Thursday as coronavirus fears continue to rattle global markets.

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