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Lapid: Work Needed to Weaken Shekel, Fix Bureaucracy

Yair Lapid feels the pain of Israeli exporters, businesspeople, and workers, he told the Manufacturers' Association.David Lev, 11/21/2013, 3:35 PM

Dollar Hits Two Year Low Against Shekel

The dollar was traded at 3.5328 NIS Tuesday morning.Adam Ross, 9/17/2013, 5:05 PM

Exporters 'Near Panic' As Shekel Breaks NIS 3.60

Israeli exporters were besides themselves Monday, as the dollar sank below the NIS 3.60 level.David Lev, 4/30/2013, 4:46 AM

Bank of Israel Buys Dollars, But Shekel Stays Strong

In an effort to keep the value of the shekel lower, the Bank of Israel intervened in the currency markets.David Lev, 4/9/2013, 3:46 AM

Iranian War Threat Chasing Away Foreign Investors

The war of words between Israel and Iran is being treated as a real war by foreign investors and customers, scared of the real thing. Tzvi Ben Gedalyahu, 8/21/2012, 3:14 PM

Bank of Israel Paper Profits of Billions as Dollar Nears NIS 4

Fischer is laughing all the way to the bank. Critics scoffed as he paid 3.3 shekels for a buck. Now a dollar costs almost 4 shekels.Tzvi Ben Gedalyahu, 7/16/2012, 2:20 PM

Shekel Sinks, Now Worth 25 Cents

The dollar-shekel rate hit a three-year high this week and is just about touching the level where a shekel is worth only a quarter.Tzvi Ben Gedalyahu, 6/27/2012, 2:27 PM

A Shekel That Is Worth Twice as Much as Gold

The Bank of Israel’s limited mint of gold bullion coins has been fetched up by collectors and now is worth twice their weight in gold. Tzvi Ben Gedalyahu, 3/26/2012, 4:57 PM

One Shekel Worth $1.1 Million – at Auction

An unidentified American East Coast collector plucked down $1.1 million for an ancient Judean silver shekel coin at a New York auction.Tzvi Ben Gedalyahu, 3/11/2012, 1:27 PM

‘Jonah in Belly of Fish’ Declared Coin of the Year

Israel’s “Jonah in the Belly of the Fish” silver coin has been voted as Coin of the Year by a US publisher of periodicals on numismatics. Tzvi Ben Gedalyahu, 1/17/2012, 12:09 PM

Israeli Lawyer Fights the “99 Agorot” Prices

A store item priced at "3.99" actually costs four shekels. A lawyer is fighting the posting prices for which change cannot be given.Elad Benari, 12/22/2010, 7:45 AM

Analysts See Israel Flexing Economic Muscle in 2010

Israel will be one of the leaders in economic growth in 2010, investment analysts say. The value of the shekel is likely to increase.Tzvi Ben Gedalyahu, 12/28/2009, 10:54 AM

Israel’s New War: Bank of Israel vs. Speculators

Israel is engaged in a new war as speculators have attacked the shekel-dollar rate, bringing it down to an eight-month low on Tuesday.Tzvi Ben Gedalyahu, 9/22/2009, 5:09 PM

Coins for Collectors to Commemorate Rabin

The Cabinet accepts a proposal by Bank of Israel Governor Fischer to issue special Israeli coins depicting former Prime Minister Yitzchak Rabin.Tzvi Ben Gedalyahu, 8/10/2009, 10:01 AM

Fischer Resumes Dollar Buying Binge

Fischer pulled another rabbit out of his hat and performed his favorite trick – buying more dollars to weaken the shekel. How long will it work? Tzvi Ben Gedalyahu, 8/4/2009, 9:04 AM

Shekel Flexes Muscles as ‘Obama Dollar’ Sinks

The US dollar, eroding under Obama’s spending program, is worth its weight in shekels as the exchange rate reaches it lowest level in a year. Tzvi Ben Gedalyahu, 8/3/2009, 9:59 AM

$2 Billion Decision May Sink Shekel

The MSCI global market agency is expected to announce Israel now is a developed market. The complimentary status may cost the economy $2 billion. Tzvi Ben Gedalyahu, 6/15/2009, 1:20 PM