Shekel

The shekel has opened the week stronger against the US dollar and against the euro even though the war against Hamas has moved up a gear as the IDF entered Gaza on Friday night. In inter-bank trading, the shekel-dollar…

Just two weeks ago, there were those who believed that in its forthcoming interest rate decision, due tomorrow (Monday), the Bank of Israel would raise its interest rate by a further 0.25%, from the current 4.75% to 5%.…

The shekel continued to depreciate over the weekend and has consolidated above the NIS 4/$ rate. On the foreign exchange market, the Bank of Israel set the representative shekel-dollar rate up 0.496% on Friday, at NIS…

The shekel has weakened above the NIS 4/$ threshold for the first time since April 2015. This afternoon, the Bank of Israel set the representative shekel-dollar rate up 0.529% from Friday, at NIS 3.990/$, and the…

The Tel Aviv Stock Exchange continues to recover gradually after plummeting on Sunday following the assault on southern settlements by Hamas. The Tel Aviv 35 Index is currently up 0.42%, at 1,756.69 points. The Real…

© Reuters. FILE PHOTO: The Bank of Israel building is seen in Jerusalem June 16, 2020. Picture taken June 16, 2020. REUTERS/Ronen Zvulun/File photo By Steven Scheer and Ari Rabinovitch JERUSALEM (Reuters) -The Bank of Israel said on…

The shekel has sunk to its weakest rate against the dollar since 2016. This afternoon the Bank of Israel set the representative shekel-dollar rate up 0.416% from Tuesday, at NIS 3.861/$, and the representative shekel-euro…

The shekel is weakening against the dollar and the euro. In afternoon inter-bank trading, the shekel-dollar rate is 0.71% higher at NIS 3.846/$, and the shekel-euro rate is 0.15% higher at NIS 4.055/€. Yesterday,…

Updated 17.00 The shekel is weakening today against the dollar and against the euro after the latest US price rise data show that annual inflation has risen to 3.7%, fuelling fears of more US Fed rate hikes. …

The Central Bank of Israel is considering the issuance of a digital shekel to enhance the country’s payment system. However, the decision to launch the financial instrument remains a topic of debate, echoing similar discussions in advanced…