Shekel

Just two weeks ago, there were those who believed that in its forthcoming interest rate decision, due tomorrow (Monday), the Bank of Israel would raise its interest rate by a further 0.25%, from the current 4.75% to 5%.…

This morning, In an unusual move, the Bank of Israel announced a program of intervention in the foreign exchange market, saying that it would sell foreign currency sales to the tune of $30 billion. Despite this, the…

The depreciation of the shekel is not stopping. During yesterday’s trading, the shekel-US dollar rate surpassed NIS 3.8/$, although the representative rate was set below that level, at NIS 3.7940/$. The representative…

The shekel-US dollar rate has climbed above NIS 3.7/$, while the falls on the stock exchange are being led by the banks. The main indices on the Tel Aviv Stock…

In the final 90 minutes of trading after the Knesset passed the reasonableness standards law, the Tel Aviv 35 Index fell heavily, losing 2.21% on the day. In inter-bank trading after the Knesset passed the…

The Tel Aviv Stock Exchange has changed direction over the past week and the shekel has been gaining strongly. Since the start of the month the Tel Aviv 35 Index has risen by 8% including 5.26% over the past two sessions…

The shekel has been weakening today against the dollar and against the euro. In afternoon inter-bank trading, the shekel-dollar exchange rate is up 0.62% at 3.632/$ and the shekel-euro rate is up 0.74% at NIS…

The shekel has been strengthening sharply today against the dollar and is stable against the euro. In afternoon inter-bank trading, the shekel-dollar exchange rate is down 1.29% at 3.618/$ and the shekel-euro rate is up…

The shekel has been strengthening sharply today against the dollar and against the euro. In afternoon inter-bank trading, the shekel-dollar exchange rate is down 1.29% at 3.661/$ and the shekel-euro rate is down 1.15% at…

Yesterday two decisions were taken that could be fateful for Israel's economy. In the first decision, the Bank of Israel kept the interest rate unchanged at 4.75%, ending a run of ten consecutive rate hikes over the past…