Shekel

News for Shekel

Shekel Still on the Rise

Shekel Still on the Rise

After BOI says it won't lower interest rate, shekel-dollar rate dips to NIS 3.93 per dollar.Gil Ronen, 24/03/2015 11:34
Bank of Israel Bought $7 Billion in 2014

Bank of Israel Bought $7 Billion in 2014

The Bank of Israel in 2014 bought over $7 billion in an effort to prop up the value of the dollar versus the shekel.Moshe Cohen, 07/01/2015 17:45
Experts: Shekel Likely to Continue Sinking

Experts: Shekel Likely to Continue Sinking

The “bottom” for the shekel is a long way off, say foreign currency experts, with the dollar expected to continue strengthening.Moshe Cohen, 27/11/2014 12:52
Lapid: I'll Work to Weaken Shekel, Fix Bureaucracy

Lapid: I'll Work to Weaken Shekel, Fix Bureaucracy

Yair Lapid feels the pain of Israeli exporters, businesspeople, and workers, he told the Manufacturers' Association.David Lev, 21/11/2013 15:35
Dollar Hits Two Year Low Against Shekel

Dollar Hits Two Year Low Against Shekel

The dollar was traded at 3.5328 NIS Tuesday morning.Adam Ross, 17/09/2013 17:05
Exporters 'Near Panic' As Shekel Breaks NIS 3.60

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, 30/04/2013 04:46
BOI Buys Dollars, But Shekel Stays Strong

BOI 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, 09/04/2013 03:46
Iranian War Threat Chasing Away Foreign Investors

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, 21/08/2012 15:14
$ Flirts with NIS 4 Level First Time in 3 Years

$ Flirts with NIS 4 Level First Time in 3 Years

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, 16/07/2012 14:20
Shekel Sinks, Now Worth 25 Cents

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, 27/06/2012 14:27
A Shekel That Is Worth Twice as Much as Gold

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, 26/03/2012 16:57
One Shekel Worth $1.1 Million – at Auction

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, 11/03/2012 13:27
‘Jonah in Belly of Fish’ Voted Coin of the Year

‘Jonah in Belly of Fish’ Voted 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, 17/01/2012 12:09
Lawyer Fights False Prices

Lawyer Fights False 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, 22/12/2010 07:45
Strong Economy in 2010

Strong Economy 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, 28/12/2009 10:54
Israel’s New War: The Shekel

Israel’s New War: The Shekel

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, 22/09/2009 17:09
Coins to Commemorate Rabin

Coins 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, 10/08/2009 10:01
Fischer’s Dollar Buying Binge

Fischer’s 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, 04/08/2009 09:04
‘Obama Dollar’ Sinks, Shekel Up

‘Obama Dollar’ Sinks, Shekel Up

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, 03/08/2009 09:59
The $2 Billion Decision

The $2 Billion Decision

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, 15/06/2009 13:20