Shekel

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Yesterday, Sep 4
Dollar falls to 3.00 shekels and stabilizes globally ahead of August US employment data
Markets

Dollar falls to 3.00 shekels and stabilizes globally ahead of August US employment data

The dollar has fallen to 3.00 shekels, while the euro dropped to 3.49 shekels. Markets are awaiting US employment data, with forecasts of 55,000 new jobs and an unemployment rate of 4.1%.

Sep 3, 2026
20:42ICE
The Dollar and Euro Are Surging: Is the Shekel Heading for a Surprising Turnaround?
Markets

The Dollar and Euro Are Surging: Is the Shekel Heading for a Surprising Turnaround?

Following the Bank of Israel's interest rate decision that surprised markets, leading currencies have strengthened against the shekel. The chairman of Puria Finance analyzes the situation and provides a forecast for the medium and long term.

Moderate rise in the dollar in the local market to 3.03 shekels — second day of strong gains
Markets

Moderate rise in the dollar in the local market to 3.03 shekels — second day of strong gains

The dollar is strengthening in the local market, rising by 0.3% to trade at 3.03 shekels, contrary to the global trend of the American currency. Investors are awaiting the upcoming US employment report.

Sep 2, 2026
15:37ICE
The dramatic interest rate decision in Europe: Will it affect the shekel?
Markets

The dramatic interest rate decision in Europe: Will it affect the shekel?

New inflation data in the eurozone may lead to a historic change in the Central Bank's policy. Here is how the emerging move will affect Israeli investors and the local currency exchange rate.

Further retreat in the shekel: dollar close to 3.04 shekels, euro above 3.51
Markets

Further retreat in the shekel: dollar close to 3.04 shekels, euro above 3.51

The shekel continues to weaken moderately following the Bank of Israel's interest rate cut. The local currency market is also being influenced by escalation on the Iranian front and global market trends.

Sep 1, 2026
16:51Ynet
A reduction that can reach hundreds of thousands of shekels: the impact of interest rate cuts on mortgages
Personal Finance

A reduction that can reach hundreds of thousands of shekels: the impact of interest rate cuts on mortgages

Since November 2025, the Bank of Israel has lowered the interest rate five times, resulting in a significant reduction in costs for mortgage borrowers. The new interest rate cut will take effect this coming Thursday.

"The window of opportunity for a cut may close"; dollar at 2.99 shekels, market awaits interest rate decision
Markets

"The window of opportunity for a cut may close"; dollar at 2.99 shekels, market awaits interest rate decision

The foreign exchange market shows a mixed trend as investors await the Bank of Israel's interest rate decision. Bank Hapoalim analysts warn that the window of opportunity for a rate cut may soon close.

The strong shekel is weighing on them, but Israeli hotel companies will not give up on abroad
Business

The strong shekel is weighing on them, but Israeli hotel companies will not give up on abroad

The strengthening of the shekel has negatively impacted the results of Israeli hotel chains operating abroad, yet companies maintain that this effect is temporary and will not halt their international expansion strategy.

Aug 31, 2026
Slight rise in the shekel at the start of the interest rate week: Dollar at 2.99 shekels
Markets

Slight rise in the shekel at the start of the interest rate week: Dollar at 2.99 shekels

The foreign exchange market is opening the week with a slight rise in the shekel against the dollar ahead of the Bank of Israel's interest rate decision. The dollar is down 0.2%, trading around 2.99 shekels.

Aug 30, 2026
Maytronics recorded a loss of 8 million shekels in the second quarter, sales hit by the strengthening of the shekel
Business

Maytronics recorded a loss of 8 million shekels in the second quarter, sales hit by the strengthening of the shekel

Maytronics continues to experience a decline in sales, but excluding currency exchange rates, it seems that they have stabilized slightly. The company recorded a net loss of 8 million shekels in Q2.

07:01Ynet
What are the chances that the Bank of Israel will lower the interest rate again on Tuesday?
Markets

What are the chances that the Bank of Israel will lower the interest rate again on Tuesday?

The decline in inflation and the strong shekel support a third consecutive reduction the day after tomorrow. On the other hand, the increase in government spending and security uncertainty raise concerns that prices will start rising again, so the Bank of Israel may leave the interest rate unchanged at 3.5%.

Aug 28, 2026
09:21Globes
Investment bank estimates: This is what could cause the shekel to jump
Markets

Investment bank estimates: This is what could cause the shekel to jump

In a review published by J.P. Morgan, the bank's economists estimated that the elections in Israel could lead to a shift of up to 3% in the shekel in either direction. In a scenario of an opposition victory, to which the bank assigns a 55% probability, the shekel could strengthen by 2% to 3%.

Waiting for Warsh's speech, dollar above 2.96 shekels
Markets

Waiting for Warsh's speech, dollar above 2.96 shekels

Foreign exchange markets are showing slight movement ahead of Fed Chair Kevin Warsh's speech in Jackson Hole. The dollar is trading above 2.96 shekels, up 0.1%.

Aug 27, 2026
Dollar stable below 2.97 shekels ahead of Jackson Hole symposium
Markets

Dollar stable below 2.97 shekels ahead of Jackson Hole symposium

The currency market remains calm ahead of the central bankers' symposium in Jackson Hole. Investors are awaiting Fed Chair Kevin Warsh's speech, which is expected to provide clarity on future monetary policy.

Aug 26, 2026
Dollar returns to growth, trading above 2.97 shekels
Markets

Dollar returns to growth, trading above 2.97 shekels

A trend reversal in the foreign exchange market: after yesterday's strengthening of the shekel, the dollar is rising by 0.3%, trading above 2.97 shekels.

Aug 25, 2026
Stability in the foreign exchange market after new sanctions: dollar at 3.00 shekels
Markets

Stability in the foreign exchange market after new sanctions: dollar at 3.00 shekels

Following the US plan for the financial isolation of Iran, currency markets show minimal movement. The dollar is trading at 3.00 shekels as investors await the Bank of Israel's interest rate decision.

Aug 24, 2026
09:39Globes
Baladi's net profit jumped by 50% in the second quarter, despite minimal revenue growth
Business

Baladi's net profit jumped by 50% in the second quarter, despite minimal revenue growth

Alongside a revenue increase of only 0.4% to 357 million shekels, Baladi recorded a sharp improvement in profitability margins and continues to advance its new logistics center project. Furthermore, the company approved an additional dividend distribution of 20 million shekels, following two distributions of 10 million shekels each earlier this year.

07:05ICE
The interest rate decision is approaching: the drama behind the scenes at the Bank of Israel is revealed
Markets

The interest rate decision is approaching: the drama behind the scenes at the Bank of Israel is revealed

The Bank of Israel is preparing for a fateful decision in the shadow of surprising data from the labor market and inflation, as senior economists now estimate the real chance of a revolution in the interest rate in the coming days.

Aug 20, 2026
10:42ICE
The Euro surges against the Dollar: How it affects Israelis
Markets

The Euro surges against the Dollar: How it affects Israelis

While the dollar weakens against the shekel, another leading currency is recording an unusual strengthening of more than 3%, creating a surprising offsetting mechanism that directly affects investors and savers in Israel.

Stabilization in the foreign exchange market: the dollar is trading below 2.98 shekels
Markets

Stabilization in the foreign exchange market: the dollar is trading below 2.98 shekels

The foreign exchange market is stabilizing following yesterday's sharp decline in the dollar. This morning, the dollar is trading unchanged at below 2.98 shekels, while the euro is up 0.2%.

Aug 19, 2026
15:30Globes
Inflation is at a five-year low: Why is the Bank of Israel hesitant to cut rates?
Markets

Inflation is at a five-year low: Why is the Bank of Israel hesitant to cut rates?

In an interview with Bloomberg, Bank of Israel Governor Amir Yaron tempered expectations for monetary easing on September 1, despite inflation falling to a five-year low. While a strong shekel and low indices support a rate cut, the central bank remains cautious due to various economic and geopolitical risks.

Azrieli: Growth in data centers has slowed, and the strong shekel has hurt results
Markets

Azrieli: Growth in data centers has slowed, and the strong shekel has hurt results

A slowdown in data center growth, the impact of a strong shekel, and Meta's departure from the Azrieli Sarona tower weighed on Azrieli Group's second-quarter results.

Calm in the Foreign Exchange Market: Dollar at 2.99 Shekels
Markets

Calm in the Foreign Exchange Market: Dollar at 2.99 Shekels

The local foreign exchange market remains calm following the shekel's recent retreat. Bank of Israel Governor Amir Yaron stated that an interest rate cut at the September 1 meeting is not guaranteed.

The dollar is just a supporting actor: what is really causing the shekel's appreciation
Markets

The dollar is just a supporting actor: what is really causing the shekel's appreciation

Since the beginning of the month, the shekel has strengthened against the dollar by 3%, trading again below 3 shekels. Experts attribute this trend not to the weakness of the US dollar, but to the fundamental forces of the Israeli economy.

Aug 17, 2026
Shikun & Binui Energy's performance improved, but the strong shekel hit the bottom line
Markets

Shikun & Binui Energy's performance improved, but the strong shekel hit the bottom line

Shikun & Binui Energy concluded the second quarter of 2026 with a 40% jump in revenue to 94 million shekels. Despite increasing gross profitability to 43%, a surge in financing expenses led to an 11% increase in net loss, reaching 79.9 million shekels.

13:52Globes
In the shadow of the dollar's decline: The shekel is again the world's strongest currency
Markets

In the shadow of the dollar's decline: The shekel is again the world's strongest currency

The dollar is at a low and Israel's real interest rate is attracting demand for the local currency. The shekel has strengthened by 2.5% in a month, but IBI estimates that the fading of foreign exchange factors will push inflation back up in the second half of the year.

13:00Globes
Paz profit grew by 14%, strong shekel weighed on Albad results
Markets

Paz profit grew by 14%, strong shekel weighed on Albad results

Paz benefited from an improvement in fuel margins and increased net profit by 14% for the quarter. Despite the strengthening of the shekel and a decrease in revenue, Albad recorded organic growth of 7% in original currencies, led by the European market.

Aug 16, 2026
21:32ICE
Relief on the way for mortgages? The surprising forecast for the Bank of Israel interest rate
Markets

Relief on the way for mortgages? The surprising forecast for the Bank of Israel interest rate

Leader Capital Markets estimates that inflation data and the strengthening of the shekel will allow for a significant policy move soon, despite a sharp drop in new apartment sales and an unusual decline in consumer confidence.

Aug 14, 2026
Slight gains for the shekel ahead of inflation data release in Israel; dollar below 2.96 shekels
Markets

Slight gains for the shekel ahead of inflation data release in Israel; dollar below 2.96 shekels

The shekel is strengthening this Friday morning as investors digest US inflation data and await Israel's upcoming figures. The dollar is trading at 2.957 shekels.

Aug 13, 2026
16:48Globes
Avner Hadad: "There is a significant chance that the dollar will drop to 2.5 shekels in the coming year"
Markets

Avner Hadad: "There is a significant chance that the dollar will drop to 2.5 shekels in the coming year"

The reasons for the weakness of the Israeli market in recent months, what might be the turning point, and why it is possible that the dollar's low is still ahead? Avner Hadad, CEO of Phoenix Investment House and co-CEO of KSM Mutual Funds, addresses the big questions of the capital market in a letter to investors.

Between American and Israeli inflation: slight rise in the dollar, above 2.98 shekels
Markets

Between American and Israeli inflation: slight rise in the dollar, above 2.98 shekels

Foreign exchange markets remain calm ahead of Israeli inflation data. The dollar is up 0.1% at 2.98 shekels, while annual US inflation dipped to 3.4% in July.

Aug 12, 2026
19:15Globes
Left with dollars and crypto: 9 banks to be cut off from shekel trading with the PA
Markets

Left with dollars and crypto: 9 banks to be cut off from shekel trading with the PA

After Discount and Hapoalim banks announced they would stop money transfers to Palestinian banks due to fears of links to terrorism, the move is expanding to banks in neighboring countries. Foreign currency trading will continue, which may hinder oversight.

11:20Globes
Israelis are flocking abroad, and sentiment in the domestic hotel industry remains negative
Travel

Israelis are flocking abroad, and sentiment in the domestic hotel industry remains negative

According to a CBS publication, 1.3 million Israelis left the country last July — the strongest figure since the start of the war. Meanwhile, the CBS business trends survey presents a complex picture regarding hotels in Israel: the net balance of Israeli overnight stays is positive, but the balance of tourist overnight stays remains negative.

Dollar trades around 3 shekels ahead of US inflation data
Markets

Dollar trades around 3 shekels ahead of US inflation data

The foreign exchange market is seeing moderate movements as investors await US inflation data. The dollar is strengthening by 0.1% to 3.004 shekels.

07:25ICE
Dollar Dips, Shekel Strengthens: Expert Forecast
Markets

Dollar Dips, Shekel Strengthens: Expert Forecast

A new economic review by Poriya Finance reveals the forces driving the shekel and warns of the implications of major bank reports and US bond data.

Aug 11, 2026
Another slight decline in the dollar - trading at 2.99 shekels
Markets

Another slight decline in the dollar - trading at 2.99 shekels

At the start of the trading week, the shekel continues to strengthen, with the dollar falling 0.2% to 2.99 shekels. The euro weakened by 0.3%, trading above 3.45 shekels.

06:01Globes
Importers saw the dollar dive below 3 shekels and pounced
Markets

Importers saw the dollar dive below 3 shekels and pounced

While institutional investors sold a massive sum of 14 billion dollars in the second quarter of the year and reduced their foreign currency exposure, the business sector purchased an almost identical amount - this is according to new data from the Bank of Israel. For comparison, this is a pace for an entire year. What is the governor's share in the trend, why did hedging costs jump, and what do...

Aug 10, 2026
07:03ICE
The shekel, Iran, and the cost of living: Mizrahi Tefahot Bank presents a forecast for Israelis
Markets

The shekel, Iran, and the cost of living: Mizrahi Tefahot Bank presents a forecast for Israelis

The bank's chief strategist, Yoni Fanning, analyzes the impact of political reports on the exchange rate, identifies sectors suffering from a labor shortage, and warns of economic consequences.

Slight retreat in the shekel at the start of inflation week: dollar at 3.00 shekels
Markets

Slight retreat in the shekel at the start of inflation week: dollar at 3.00 shekels

The shekel shows a slight retreat at the start of inflation week. With CPI data due in the US on Wednesday and in Israel on Friday, markets are bracing for key indicators that will influence future central bank decisions.

Aug 7, 2026
Wait-and-see mode in forex before the employment report - the dollar is stable at 3.01 shekels
Markets

Wait-and-see mode in forex before the employment report - the dollar is stable at 3.01 shekels

Currency markets remain stable ahead of the US July employment report. The dollar is trading at 3.01 shekels as investors look for signals regarding future Fed policy.

Aug 6, 2026
14:38Globes
After two months of purchases: Bank of Israel did not intervene in the forex market in July
Markets

After two months of purchases: Bank of Israel did not intervene in the forex market in July

The dollar fluctuated around 3 shekels over the past month. In May and June, the Bank of Israel intervened following the strengthening of the shekel, but in July, the Israeli currency weakened.

Aug 5, 2026
Shekel Continues to Climb: Dollar Below 3 Shekels, Euro at 3.45 Shekels
Markets

Shekel Continues to Climb: Dollar Below 3 Shekels, Euro at 3.45 Shekels

The shekel continues to strengthen against major currencies amid calm in global markets. Investors are awaiting updates on US-Iran talks regarding the opening of the Strait of Hormuz.

Aug 4, 2026
Strengthening of the shekel boosts Wilifood's profitability, but consumer prices remain high
Consumer

Strengthening of the shekel boosts Wilifood's profitability, but consumer prices remain high

The strengthening of the shekel against the dollar and euro has significantly boosted the gross profitability of food importer Wilifood. Despite these gains, the company has not lowered consumer prices.

The dollar is stable, above 3.04 shekels; "Fed rate hike forecasts are exaggerated"
Markets

The dollar is stable, above 3.04 shekels; "Fed rate hike forecasts are exaggerated"

Foreign exchange markets remain calm, with the dollar trading above 3.04 shekels and the euro above 3.50 shekels. Alex Zabezhinsky, chief economist at Meitav, argues that market forecasts for a Fed rate hike are exaggerated.

Aug 3, 2026
11:59ICE
Bank of Israel reveals: What is driving the dollar
Markets

Bank of Israel reveals: What is driving the dollar

A Bank of Israel report shows that in the second quarter of 2026, the shekel defied global trends by strengthening against the dollar, even as the US currency gained ground elsewhere. This shift was primarily driven by massive foreign currency sales from institutional investors managing public savings.

07:12ICE
A blow to Israeli high-tech: How AI and the shekel are reducing employment
Career

A blow to Israeli high-tech: How AI and the shekel are reducing employment

A new analysis shows a decline in the number of employees in the sector. At the same time, US bond yields are jumping to a year-and-a-half high, and inflation in Israel is rising again, casting doubt on the next move by the Bank of Israel.

Japanese Yen Continues to Rise; Calm in Local Market — Dollar at 3.05 Shekels
Markets

Japanese Yen Continues to Rise; Calm in Local Market — Dollar at 3.05 Shekels

Minor movements in the local foreign exchange market at the start of August following a 3.2% depreciation of the shekel in July. The dollar is trading at 3.05 shekels, while the euro is around 3.52 shekels.

05:39Globes
Two Months of Gains: Has the Tough Period for S&P 500 Investors Ended?
Markets

Two Months of Gains: Has the Tough Period for S&P 500 Investors Ended?

Provident and pension fund investors saw another negative month, with the exception of the S&P 500 track. While Tel Aviv outperformed Wall Street in July, calculation timing and the surging dollar shifted the results. Also: insights from a dramatic earnings season for tech giants.

Aug 2, 2026
15:32ICE
Bank of Israel: Shekel performance in the second quarter of 2026
Markets

Bank of Israel: Shekel performance in the second quarter of 2026

The Bank of Israel released foreign exchange market data for the second quarter of 2026, highlighting the shekel's appreciation and shifting activity patterns among institutional investors and non-residents.

09:55ICE
Turmoil in the markets: The dramatic split in the Fed that threatens the shekel and the dollar
Markets

Turmoil in the markets: The dramatic split in the Fed that threatens the shekel and the dollar

The interest rate decision in the US led to a wave of rumors and fears of runaway inflation. Why should the giant collapse in South Korea worry us all, and how will the tensions with Iran and oil prices affect everyone's pockets?

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