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


Shekel sinks to weakest against dollar since 2016

The rate was set at 3.861 after the dollar gained strength globally.

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

Israel central bank says digital shekel launch an 'open question'

Israel's central bank has been experimenting with a digital shekel with its Hong Kong counterpart and the Bank for International Settlements.

Israel develops new 'bitcoin' currency (Illustrative)

Israeli shekel sees 10.34% decline vs. USD since 2023 - new research

In spite of this data, Finance Minister Bezalel Smotrich said, "Israeli economy is showing relative resilience and stability."

 Finance Minister Bezalel Smotrich is seen addressing a Knesset committee meeting in Jerusalem, on July 19, 2023.

Do you have a NIS 10 coin? It might be worth a lot of money

A TikTok user uploaded a video highlighting an engraving flaw on the coin. If you're lucky enough to have one, you can sell it to coin collectors in Israel or abroad and earn 13 times its face value.

Israeli shekels

Shekel weakens by more than 2% as Israel's coalition delays key Knesset vote

Main indexes on Tel Aviv Stock Exchange edged slightly down as Prime Minister Benjamin Netanyahu's coalition appeared to delay the Judicial Selection Committee vote

 US and Israeli currency (1 dollar bills and 1 shekel coins respectively) are seen in this illustrative photo of money.

Bank of Israel considering the issue of digital shekel stablecoin

The digital currency would enable much more convenience and transaction security, but would also carry its own host of risks.

Israel develops new 'bitcoin' currency (Illustrative)

Netanyahu, Herzog reached out to Moody's before credit outlook downgrade

If Israel's credit rating drops, Israel can expect a higher interest rate on short-term loans and inflation.

 Incoming prime minister Benjamin Netanyahu is seen next to Israeli President Isaac Herzog.

SHEKEL screens emotional films with people with disabilities

All four films were moving and showed diverse facets of the special-needs community all around the world, but it also emphasized mutual issues and experiences.

 SINGER LILACH MACHLOFF and pianist Imri Gilad of the Israel Integrative Orchestra in performance.

Israeli shekel nears three-year low as Smotrich defends judicial reform

The shekel stood at 3.645 per dollar in afternoon trading, its weakest level since April 2020 and down 5.5% this month.

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

Meet the commander who made the IDF Sinai drug bust of the decade

Average busts would be around NIS 2 million, until they nabbed NIS 50 million.

 Israeli soldiers guard in the border area between Israel and Egypt near Road number 10, southern Israel, on December 5, 2018