Shekel

Bank of Israel lowers interest rate to 3.5% in response to strong shekel, halt in war with Iran

The Bank of Israel Monetary Committee, headed by Amir Yaron, announced that the national interest rate will be lowered once again to 3.5% as inflation declines and the shekel remains strong.

  New Israeli Shekel banknotes and coins are seen in this picture illustration taken November 9, 2021.
 Royal Beach Hotel

Israel approves NIS 360m five-year plan to transform Eilat into southern economic and tourism hub

Israeli real estate – construction site.

Inflation and housing prices show continued declines in Israel

KAHAN SCHOLARSHIP recipients Maayan Laron, Amit Vales, Bar Shporen and Re'em Elkayam pose with Israel Tennis & Education Centers executives Eyal Taoz (left) and Yoni Erlich (right).

Kahan scholarships help Israeli tennis champions dream big


Israeli families could save hundreds on summer attractions, price check finds

With some 2.6 million students heading into summer break, consumer clubs say early planning and price comparisons can cut the cost of family outings.

Gai Beach Water Park

Amid shekel-dollar crisis: Hi-tech sector gains strength as Israel's main export with 58% in 2025

The trend is driven mainly by the sector's dominance of Software-as-a-Service (SaaS) projects, which export these services overseas and are highly dependent on foreign-currency income.

Evening view of the Tel Aviv skyline. October 26, 2025.

Amdocs to lay off 3,000 employees

The entire technology industry is experiencing aggressive cuts, partly due to the changes brought about by AI.

Amdocs in Raanana

Shekel gains sharply despite interest rate cut

The Iran war led to a 3.3% contraction in GDP (on an annualized basis) in the first quarter

A bunch of Israeli New Shekel banknotes in the hand on the Bills background.Conceptual Image for Finance and Banking

Bank of Israel cuts interest rates, inflation stable despite Iran war

Exporters have called on the Bank of Israel to lower rates or intervene in the foreign exchange market.

 BANK OF Israel headquarters in Jerusalem: Israel’s favorable environment for economic development has been accompanied by an impressive improvement in the country’s credit rating, say the writers.

Israel’s inflation dynamics remain under control

A strong shekel, alongside structural energy factors, is moderating external price shocks.

Matan Shitrit, Chief Economist at Phoenix Financial

Israel's high-tech faces unexpected crisis as dollar slides 20% against shekel

The dollar fell by approximately 20% against the shekel over the last year, which puts companies that depend on dollar income at risk.

 High-tech company, illustration

A strong shekel, a weakened export engine

According to Export Institute figures, 2025 was a record year for Israeli exports. Total exports reached $164 billion, up 10%. Services exports crossed $90 billion for the first time.

The New Israeli Shekel (NIS) is stronger than ever.

Israel’s hidden strength: Institutional capital pools

How long-term savings improve national resilience

David Alexander, Deputy CEO of Phoenix Financial

Dollar falls below three shekels for first time in over 30 years, annual inflation rate declines

Avraham Novogrocki, president of Israel’s Manufacturers’ Association, which represents some 1,500 firms and 400,000 workers, said the strong shekel posed a risk to the economy.

Israeli shekel