Shekel

The US dollar hit a six-month high against the shekel, crossing 3.1 shekels amid rising Treasury yields and global inflation concerns. Meanwhile, oil prices climbed past $106 per barrel, posing potential cost-of-living pressures for Israeli consumers.

Global markets plunged as hot US inflation data drove Treasury yields up, dragging down Asian exchanges and pressuring the Tel Aviv Stock Exchange. Dual-listed tech stocks opened sharply lower, while the US dollar climbed against the shekel.

A new TASE analysis of past election cycles reveals that Israeli stock markets typically price in political uncertainty ahead of the vote, with post-election returns showing rapid recovery despite parliamentary stalemates.

The US dollar edges up against the shekel as global currencies fluctuate. Analysts attribute local currency strength to institutional hedging flows despite expectations of an upcoming interest rate cut.

The Tel Aviv Stock Exchange posted weekly declines amid political uncertainty ahead of the Israeli elections, while foreign investors led net purchases and the shekel strengthened.

Investment house IBI predicts that a change of Israel's government would lower risk premiums and strengthen the shekel, while keeping the current coalition risks market declines.

Market analysis indicates that the Israeli stock market lags behind global indices due to security uncertainty, high financing costs, and looming fiscal pressures.

The US dollar and euro remain stable against the shekel at 3.07 NIS and 3.44 NIS respectively, while the greenback holds near global peak levels following hawkish Fed minutes.

Three years after October 7, Israel's economy and financial markets have shown unexpected resilience, with the Tel Aviv 125 index surging 120% and the shekel strengthening significantly.

Israel's mutual fund industry reached 849.4 billion shekels in managed assets following 6.4 billion shekels in net inflows in September 2026, driven by money market and local bond funds.

The Israeli shekel weakened slightly as the US dollar gained amid rising geopolitical tensions and anticipated US economic data releases.

Global markets brace for a heavy macroeconomic and geopolitical week as rising U.S. bond yields, tech earnings, and Middle East tensions pressure equities.

The Tel Aviv Stock Exchange closed lower on Wednesday as the TA-35 index fell 0.26% and the TA-125 dropped 0.36%. Markets reacted to Wall Street declines and rising US bond yields.

The US dollar traded stably around 3.00 shekels as global markets anticipated the Trump-Xi summit. Economists note hedging costs and tech export structures impact the local currency.

Discount Bank chief strategist Shmuel Katsavian reports that Israel's economy grew resiliently over the Hebrew year, with the Tel Aviv 125 surging 38% and the shekel hitting record highs.

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%.

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.

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.

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.

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.

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 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 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.

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.

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.

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%.

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%.

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%.

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.

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.

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.

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.

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.

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.

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%.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.