Shekel

Israel's next government faces heavy debt, high defense costs

With estimated war costs of NIS 350b and public debt near 70% of GDP, Israel’s next government must balance surging defense spending with urgent education and labor market reforms.

Bank of Israel Governor Professor Amir Yaron speaks at the Knesset; illustrative.
IDF officers

Finance Ministry report reveals major salary gaps across Israel's security organizations

Money bills

July spending record: Daily average reached NIS 1.771 Billion

 New Israeli Shekel banknotes and coins, illustrative. November 9, 2021

Strong shekel squeezes Israeli high-tech as AI reshapes the industry - opinion


Israel’s wage growth slows in 2025 as inflation outpaces salaries

While Israel’s wages climbed in 2024, January 2025 data signals real wage erosion amid rising inflation and tax increases.

 New Israeli Shekel banknotes and coins, illustrative. November 9, 2021

Shekel gains continue as Gaza talks progress

The shekel continues to trade at its strongest levels against the dollar since early 2023.

 New Israeli Shekel banknotes and coins, illustrative. November 9, 2021

Bank of Israel to hold rates again after inflation spike - Reuters poll

The rate has stayed at 4.5% since January 2024, when it was cut from 4.75%.

New Israeli Shekel bills are seen in front of an upwards-trending graph (illustration)

Israel Tax Authority set to publish voluntary disclosure plan including 'crypto' fast track

The voluntary disclosure procedure allows Israelis who have concealed and unreported assets to report them to the state and pay tax with immunity from criminal proceedings.


Israel’s postwar economic recovery tempered by fragile ceasefire

Despite not having a national budget approved for 2025, a labor crisis, and a ceasefire that could collapse at any moment, Israel still shows signs of optimism.

Tel Aviv Stock Exchange (TASE)

Shekel maintains strong rebound against US dollar

On Wednesday, the Bank of Israel set the representative shekel-dollar rate down 0.859% from Monday.

 New Israeli Shekel banknotes and coins, illustrative. November 9, 2021

Israel's shekel flat after Trump says US targeting Gaza Strip takeover

The shekel was trading at 3.56 versus the dollar, a change of 0.06% from Tuesday's close by 0822 GMT.

 New Israeli Shekel banknotes are seen in this picture illustration taken November 9, 2021.

Treasury official to Post: 'rehabilitating North and South difficult without budget'

Treasury official to Post: The continuing budget has the advantage of slowing expenditure, which moderates the deficit, but this comes with uncertainty and limits on the government to plan and act.

VARIOUS ISRAELI banknotes are displayed for an illustrative photo. The economy is well on its way to the pre-pandemic standards of budgetary discipline.

Shekel sharply weakens as markets tumble

On Friday, the Bank of Israel set the representative shekel-dollar rate 0.506% higher, at NIS 3.575/$.

 New Israeli Shekel banknotes and coins, illustrative. November 9, 2021

Documentary on people with special needs, ‘Exposed,’ screens in Jerusalem, Jan. 27

SHEKEL is a leading nonprofit for the inclusion of people with disabilities in the general community.

 EXPOSED’ CHALLENGES conventional perceptions and evokes empathy through personal, unforgettable stories.