Shekel

Finance Ministry report reveals major salary gaps across Israel's security organizations

Under Israeli law, if the average pension of retiring officers remains above the target, the finance minister will be required to establish new regulations governing pension payments.

IDF officers
Money bills

July spending record: Daily average reached NIS 1.771 Billion

 New Israeli Shekel banknotes and coins, illustrative. November 9, 2021

Strong shekel squeezes Israeli high-tech as AI reshapes the industry - opinion

General view of the Lahav 433 police unit headquarters in the city of Lod on August 2, 2026.

Lahav 433 questions figure close to senior Likud circles over alleged concealment of assets


Israel shekel stumbles amidst Iran and Hezbollah attack concerns

The New Israeli Shekel levels show that the currency has suffered its worst daily decline since the October 7 massacre.

A man walks past an electronic board displaying market data at the Tel Aviv Stock Exchange, in Tel Aviv, Israel November 4, 2020.

Israel's 2024 deficit to reach 8% even without full-scale war in North - Taub Center

The excess devaluation of the Shekel is still rising, according to the report, and stands at around 25% of what would have been expected before the announcement of the judicial reform.

  New Israeli Shekel banknotes and coins are seen in this picture illustration taken November 9, 2021.

Israeli leaders kick off 2025 budget talks as war costs push up 2024 deficit

Netanyahu and economic officials discuss Israel's 2025 budget amid fiscal challenges from ongoing conflict, aiming for parliamentary approval by year-end amidst rising deficit concerns.

 Israeli Prime Minister Benjamin Netanyahu pauses during a press conference amid the ongoing conflict in Gaza between Israel and Hamas, in Tel Aviv, Israel, July 13, 2024.

UBS: Average wealth in Israel rose in 2023

It has been a very good period for wealth in Israel: the average wealth in shekels increased by 142%, and the median by no less than 220%.

  New Israeli Shekel banknotes and coins are seen in this picture illustration taken November 9, 2021.

Bank of Israel waiting for digital Euro ahead of digital Shekel launch

The Bank of Israel plans to improve its payment system with a digital shekel, but it is waiting for other advanced economies to launch digital currencies.

An illustration of Israeli cryptocurrency

Transportation prices spike before agreed date, surprising Israeli users

Israeli media reported that price hikes include an increase of 5% for the purchase of monthly passes.

 A BUS STOPS outside the Central Bus Station in Jerusalem.

Northern escalation to impact Israel's economy - Bank of America

Much of the report's analysis of the situation in Israel focused on comparing the outlook for Israel's economy if the situation in Israel's north escalates to if it does not.

New Israeli Shekel bills are seen in front of a downwards-trending graph (illustration)

Police uncover Rami Levy scandal: Cashiers steal approximately half a million in cash and products

Police in Zichron Yaakov investigated theft by "Rami Levy" cashiers, uncovering a systematic scheme. Over 50 indictments were filed for thefts worth half a million shekels.

 SHOPPERS AT A Rami Levy supermarket in Modi’in last week. Will prices be a priority for voters in November?

Tel Aviv Stock Exchange to align trading week with global bourses

The announcement comes as shares have recovered from the October 7 Hamas attack on Israel that pushed the broad Tel Aviv 125 index.

View of the Tel Aviv Stock Exchange. November 29, 2020.

Israeli woman wins NIS 16 million in lottery, to dedicate Torah scroll to parents

"I was very surprised I won. The form was in my bag for over a week. I had no clue all that time," the winner explained.

 An Illustration of Mega Millions lottery tickets on August 9, 2023.