Shekel

20 stories about Shekel
שקל דולר יורו מטבע מטבעות מט"ח

The shekel continues to lose ground as fears of judicial coup in Israel continue to grow

22.02.23|CTech
The dollar continues to climb against the shekel, reaching its highest mark since 2019, while the euro has also risen. The rapid devaluation of the shekel is set to lead to inflationary pressure and the Bank of Israel will be forced to respond by raising interest rates even further
מוסף שבועי 2.2.23  האיור מכתבת שאול

This is fine? Wake up and smell the smoke!

02.02.23|Shaul Amsterdamski
"High-tech is not only the engine of the economy - it is also the shield. It is our wall of defense against inflation. It protects the pocket of each and every one of us," writes Shaul Amsterdamski
נגיד בנק  ישראל פרופ' אמיר ירון ינואר 2020 1

Bank of Israel chief says it's ready to buy more than $30 billion of foreign currency to contain shekel’s strength

09.02.21|Reuters
The shekel gained some 8% against the dollar in 2019, and another 8% last year despite central bank foreign currency purchases of $21 billion
מימין היזם זוהר לבקוביץ' גל גיטר ibex רון יקותיאל Kaltur

Top tech CEOs demand Israeli government stop dollar depreciation against the shekel

17.01.21|Naomi Zoreff
“Israel is about to lose a leading growth engine due to the apathy and indifference of the government of Israel and its economic establishments,” wrote executives and entrepreneurs from the likes of IronSource, SimilarWeb and AppsFlyer
שקל דולר מט"ח מטבע חוץ שער חליפין כסף מזומן

Israeli tech sector raises alarm bells over plummeting dollar

30.12.20|CTech
Local tech companies traditionally raise funds in USD, meaning most of the sector is adversely affected by the exchange rate hitting lows not seen since November 1996
משכורת שכר כסף שקל

The Year of the Shekel

08.01.20|Adrian Filut and Adi Pick
The Israeli currency saw a steady rise in 2019
חבילות אמזון חבילה קניות און ליין 3

Amazon Lowers Shekel Conversion Fees for Online Purchases

09.12.19|Meirav Crystal
The commission went down to as low as 2.2% of the total purchase sum, a significantly lower rate than that offered by most Israeli credit card companies
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The Shekel Continues to Appreciate

07.11.19|Shir Reiter
Since the beginning of the year, Israel’s currency roseby 6.6% compared to the U.S. dollar
ועידה כלכלית לאומית 2019 ד"ר גיל בפמן כלכלן ראשי בנק לאומי

Strengthening Shekel Leaves Israeli Goods Exporters Vulnerable, Says Leumi’s Chief Economist

02.09.19|Ran Abramson
Gil Bufman, the chief economist for Israel’s Bank Leumi, spoke Monday at Calcalist and Leumi's National Economic Conference in Tel Aviv
נדין בודו טרכטנברג משנה ל נגידת בנק ישראל 2

Explaining Israel’s Interest Raise

27.11.18|Omri Milman and Adrian Filut
On Monday, the Bank of Israel raised its benchmark interest rate, for the first time in seven and a half years, from 0.1% to 0.25%
שקל דולר מט"ח מטבע חוץ שער חליפין כסף מזומן

Following Record Low, The Shekel Appreciates 1% Against the U.S. Dollar

07.08.18|Shir Reiter
After hitting an 18-month low on Monday, the value of the Israeli shekel appreciated 1% against the U.S. dollar Tuesday
קו חוף תל אביב זירת הנדלן

Tel Aviv Climbs to 9th Place Among Priciest Cities

15.03.18|Asaf Shalev
The Israeli tech hub is the second most expensive city in which to buy alcohol, according to a survey by the Economist Intelligence Unit
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CTech’s Daily Israeli Tech News Roundup

08.02.18|CTech
Israeli Prime Minister Says Government Should Avoid Moves to Shore Up Dollar. Generic drugmaker Teva says profit will continue to drop in 2018.
בנימין נתניהו דאבוס

Israeli Prime Minister Says Government Should Avoid Moves to Shore Up Dollar

08.02.18|Adrian Filut, Tofi Stoler
Tech leaders gather to hear Benjamin Netanyahu say Israeli government is powerless to help shore up the value of the dollar against the shekel
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Despite Exceeding Expectations, Check Point's Quarterly Reports Affected by Weak Dollar

31.01.18|Shir Reiter and Amir Rosenbaum
The continuous weakness of the dollar has cut the company's earnings per share by $0.05 for the fourth quarter, Check Point's chief financial officer said
מוסף שבועי 13.7.17 צחי וייספלד מיקרוסופט

CTech’s Daily Israeli Tech News Roundup

17.01.18|CTech
Head of Microsoft’s startup outreach programs to step down. Fewer Israeli startups raised more more money in 2017
הוועידה הכלכלית הלאומית 2017 ד״ר קרנית פלוג נגידת בנק ישראל בשיחה עם גולן פרידנפלד סגן עורכת כלכלי

Bank of Israel Buys $400 Million to Stabilize Appreciating Shekel

17.01.18|Adrian Filut, Shahar Ilan, and Amarelle Wenkert
The Israeli shekel has been appreciating against the U.S. dollar in 2017, reaching a seven-year high on Friday
תל אביב קו רקיע Tel Aviv Skyline

CTech’s Daily Israeli Tech News Roundup

15.01.18|CTech
Hurt by strong shekel, Israeli tech companies lobby for government action. Elbit nearing acquisition of Israeli arms manufacturer IMI Systems. Renault-Nissan-Mitsubishi establishes a $1 billion venture fund
ניר זוהר נשיא וויקס Wix

Hurt by Strong Shekel, Israeli Tech Companies Lobby for Government Action

15.01.18|Adrian Filut
Over the weekend, the dollar traded at NIS 3.39, a more than 10% decrease over the past year