Shekel
Fitch holds Israel's credit rating at 'A', but debt and war cloud outlook
The US-Israeli strikes on Iran have added to concerns over Israel's deficit, with Fitch noting that Israel's "fractious domestic politics" could hinder fiscal consolidation.
The strength of the shekel
![Gavel [Illustrative]](https://images.jpost.com/image/upload/f_auto,fl_lossy/q_auto/c_fill,g_faces:center,h_194,w_290/255446 "Gavel [Illustrative]")
Your Taxes: Good news for Israelis with foreign rental income
Tel Aviv stock market bucks global trends, betting on Israel’s future stability
Israel's 2024 deficit to reach 8% even without full-scale war in North - Taub Center
The excess devaluation of the Shekel is still rising, according to the report, and stands at around 25% of what would have been expected before the announcement of the judicial reform.
Israeli leaders kick off 2025 budget talks as war costs push up 2024 deficit
Netanyahu and economic officials discuss Israel's 2025 budget amid fiscal challenges from ongoing conflict, aiming for parliamentary approval by year-end amidst rising deficit concerns.
UBS: Average wealth in Israel rose in 2023
It has been a very good period for wealth in Israel: the average wealth in shekels increased by 142%, and the median by no less than 220%.
Bank of Israel waiting for digital Euro ahead of digital Shekel launch
The Bank of Israel plans to improve its payment system with a digital shekel, but it is waiting for other advanced economies to launch digital currencies.
Transportation prices spike before agreed date, surprising Israeli users
Israeli media reported that price hikes include an increase of 5% for the purchase of monthly passes.
Northern escalation to impact Israel's economy - Bank of America
Much of the report's analysis of the situation in Israel focused on comparing the outlook for Israel's economy if the situation in Israel's north escalates to if it does not.
Police uncover Rami Levy scandal: Cashiers steal approximately half a million in cash and products
Police in Zichron Yaakov investigated theft by "Rami Levy" cashiers, uncovering a systematic scheme. Over 50 indictments were filed for thefts worth half a million shekels.
Tel Aviv Stock Exchange to align trading week with global bourses
The announcement comes as shares have recovered from the October 7 Hamas attack on Israel that pushed the broad Tel Aviv 125 index.
Israeli woman wins NIS 16 million in lottery, to dedicate Torah scroll to parents
"I was very surprised I won. The form was in my bag for over a week. I had no clue all that time," the winner explained.
Your taxes: Paying tax on bitcoin and other virtual currency profits
The Israeli Tax Authority has developed a new procedure for the good guys to pay tax on their virtual currency gains.
