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New Israeli Shekel

A. Grebelsky & Son Jerusalem limestone factory at the Har Tuv industrial zone near Beit Shemesh. (Courtesy)
April 26, 2026, 4:19 pm
Brawny shekel threatens to knock out exporters, tech firms dependent on almighty dollar
As exchange rate dives below NIS 3 to the greenback, companies paid in US currency say without government help they will have to cut costs, fire workers and could move elsewhere
By Sharon Wrobel
Palestinians shop at a market in Khan Younis, in the southern Gaza Strip, January 30, 2026. (Abed Rahim Khatib/Flash9)
February 24, 2026, 1:16 am
Board of Peace said looking into ‘stablecoin’ to boost economy of postwar Gaza
Israeli tech entrepreneur spearheading project to set up a US dollar-pegged cryptocurrency for use in the enclave, where shekels have become scarce, FT reports
By ToI Staff
Illustrative: Dollars and shekels. (Olivier Fitoussi/Flash90)
February 2, 2026, 8:42 pm
Manufacturers warn shekel’s mighty surge could lead to layoffs and brain drain
Shekel trading at four-year high is making Israeli goods and services more expensive abroad; Manufacturers Association warns exporters at risk of losing NIS 31B in revenue a year
By Sharon Wrobel
Shoppers walk in the rain at the Mahane Yehuda Market in Jerusalem, January 18, 2026. (Yonatan Sindel/Flash90)
January 23, 2026, 5:59 am
Mighty shekel could boost shoppers and travelers, but many will miss out on bonanza
Though the shekel is trading at its highest level in years, retailers might not pass the gains to consumers, and manufacturers and others working in dollars are likely to feel the pain
By Sharon Wrobel
A Palestinian man repairs worn-out Israeli currency, July 9, 2025, in Gaza City. (AP Photo/Jehad Alshrafi)
November 29, 2025, 9:13 am
Gazan woman repairs enclave’s tattered banknotes
Manal al-Saadani sets up stall at Nuseirat market where locals bring cash that is too damaged to be used; no new bills have entered the Strip since war began
By AFP
The sun rises over Tel Aviv, October 2019. (ZZ3701 via iStock by Getty Images)
September 26, 2025, 7:32 am
Israel’s home prices have finally started falling. It’s not only about the Gaza war
Experts say insane prices, high interest rates and glut of new homes are causing prices to drop as much as 15-20% in some areas. Diaspora Jews eager for foothold in Jewish state are snapping them up
By Zev Stub
The Tel Aviv Stock Exchange seen on April 28, 2025. (Miriam Alster/FLASH90)
July 23, 2025, 4:19 pm
Investors bet on Israeli resilience: Wartime stock market is world’s fastest growing
And even with conflict still raging in the Gaza Strip and an economy saddled with war debt, the shekel is at recent highs against the euro and dollar
By Sharon Wrobel
View of the Tel Aviv Stock Exchange on November 29, 2020. (Miriam Alster/ Flash90/ File)
March 23, 2025, 7:30 pm
Tel Aviv shares dive as investor concern over a looming constitutional crisis rises
Shekel weakens amid attempts to oust top gatekeepers; a weaker local currency makes imported goods, including food, more expensive for Israeli households and will keep rates high
By Sharon Wrobel
The Bank of Israel's main offices in Jerusalem, January 2, 2023. (Yonatan Sindel/ Flash90)
July 10, 2024, 7:36 pm
Israel holding off on digital shekel until other advanced economies launch currencies
Currency innovation still being researched; convincing public to adopt it could streamline payments system, puncture Israel’s banking duopoly, says BOI deputy governor
By Steven Scheer
The Tel Aviv Stock Exchange, November 29, 2020. (Miriam Alster/ Flash90/ File)
July 2, 2024, 4:25 pm
Israel’s economy seems to be doing okay, but is everything as it seems?
How Israel’s war in Gaza has affected employment, quality of life, and private and public spending, and how this is expressed in the data
By Tani Goldstein
The Tel Aviv Stock Exchange, December 25, 2018. (Adam Shuldman/Flash90/File)
April 30, 2024, 5:48 pm
Israeli shares rise and shekel gains as investors watch truce, hostage deal efforts
Analysts expect further strengthening of the shekel amid talks for a lengthy ceasefire in the Gaza Strip that would also help calm tensions along the northern border with Lebanon
By Sharon Wrobel
Illustrative: The Tel Aviv Stock Exchange. November 29, 2020. (Miriam Alster/ FLASH90/ File)
March 12, 2024, 12:24 pm
Market optimism: Despite war uncertainty, Israeli stocks and shekel attract investors
Even as Gaza conflict continues into its 6th month, investors flock to buy local assets seen as cheap relative to those in global markets amid hopes for postwar recovery
By Sharon Wrobel
Bank of Israel Governor Amir Yaron speaks during a press conference at the Bank of Israel in Jerusalem, on January 7, 2019. (Noam Revkin Fenton/Flash90)
November 7, 2023, 6:49 pm
Bank of Israel sold $8.2 billion since war started to protect shekel from collapse
Foreign reserves fall to lowest level in a year after central bank’s currency interventions in October, helping shekel to recover all of its war losses
By Sharon Wrobel
Illustrative: Dollars and shekels. (Olivier Fitoussi/Flash90)
October 31, 2023, 5:54 pm
Shekel strengthens as investor fears over war escalation to the north ease
As Israel widens Gaza ground offensive against Hamas, market expects fighting will be limited to the south; last week shekel hit weakest level in 11 years
By Sharon Wrobel
Tables and chairs at a restaurant that has closed in Sderot, Oct. 25, 2023 (AP Photo/Maya Alleruzzo)
October 31, 2023, 12:17 pm
Israel’s economy bounced back after previous Hamas wars, but this one may take longer
A protracted conflict, potentially expanding to multiple fronts, could cause even more damage to an economy already battered by the controversial planned legal overhaul
By AP and ToI Staff
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