Lapid: Work Needed to Weaken Shekel, Fix BureaucracyYair Lapid feels the pain of Israeli exporters, businesspeople, and workers, he told the Manufacturers' Association.
Dollar Hits Two Year Low Against ShekelThe dollar was traded at 3.5328 NIS Tuesday morning.
Exporters 'Near Panic' As Shekel Breaks NIS 3.60Israeli exporters were besides themselves Monday, as the dollar sank below the NIS 3.60 level.
Bank of Israel Buys Dollars, But Shekel Stays StrongIn an effort to keep the value of the shekel lower, the Bank of Israel intervened in the currency markets.
Iranian War Threat Chasing Away Foreign InvestorsThe war of words between Israel and Iran is being treated as a real war by foreign investors and customers, scared of the real thing.
Bank of Israel Paper Profits of Billions as Dollar Nears NIS 4Fischer 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.
Shekel Sinks, Now Worth 25 CentsThe 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.
A Shekel That Is Worth Twice as Much as GoldThe 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.
One Shekel Worth $1.1 Million – at AuctionAn unidentified American East Coast collector plucked down $1.1 million for an ancient Judean silver shekel coin at a New York auction.
‘Jonah in Belly of Fish’ Declared Coin of the YearIsrael’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.
Israeli Lawyer Fights the “99 Agorot” PricesA store item priced at "3.99" actually costs four shekels. A lawyer is fighting the posting prices for which change cannot be given.
Analysts See Israel Flexing Economic Muscle in 2010Israel will be one of the leaders in economic growth in 2010, investment analysts say. The value of the shekel is likely to increase.
Israel’s New War: Bank of Israel vs. SpeculatorsIsrael is engaged in a new war as speculators have attacked the shekel-dollar rate, bringing it down to an eight-month low on Tuesday.
Coins for Collectors to Commemorate RabinThe Cabinet accepts a proposal by Bank of Israel Governor Fischer to issue special Israeli coins depicting former Prime Minister Yitzchak Rabin.
Fischer Resumes Dollar Buying BingeFischer pulled another rabbit out of his hat and performed his favorite trick – buying more dollars to weaken the shekel. How long will it work?
Shekel Flexes Muscles as ‘Obama Dollar’ SinksThe 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.
$2 Billion Decision May Sink ShekelThe MSCI global market agency is expected to announce Israel now is a developed market. The complimentary status may cost the economy $2 billion.