Shekel

Inflation and housing prices show continued declines in Israel

Housing prices declined 1.3% over the past year, oil prices fell following the Iran agreement, and the dollar recovered after an early drop.

Israeli real estate – construction site.
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

Gai Beach Water Park

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

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

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


Navigating getting your money into Israel as a new immigrant

The red flags are best avoided. Cooperation with bank questions is more likely to free up your money than suing the bank.

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

Fitch downgrades Israel's credit rating to A amid geopolitical tensions and ongoing conflict

Fitch Ratings downgraded Israel’s credit rating from A+ to A, citing heightened geopolitical risks and the ongoing Israel-Hamas conflict.

The Fitch Ratings building is seen in New York

Israel shekel stumbles amidst Iran and Hezbollah attack concerns

The New Israeli Shekel levels show that the currency has suffered its worst daily decline since the October 7 massacre.

A man walks past an electronic board displaying market data at the Tel Aviv Stock Exchange, in Tel Aviv, Israel November 4, 2020.

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.

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

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.

 Israeli Prime Minister Benjamin Netanyahu pauses during a press conference amid the ongoing conflict in Gaza between Israel and Hamas, in Tel Aviv, Israel, July 13, 2024.

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%.

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

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.

An illustration of Israeli cryptocurrency

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.

 A BUS STOPS outside the Central Bus Station in Jerusalem.

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.

New Israeli Shekel bills are seen in front of a downwards-trending graph (illustration)

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.

 SHOPPERS AT A Rami Levy supermarket in Modi’in last week. Will prices be a priority for voters in November?