Shekel

What Moody's missed when lowering Israel's credit rating - opinion

"Despite criticisms, Moody’s analysis of Israel's fiscal health is overly pessimistic."

By SHLOMO MAOZ
07/10/2024

Navigating getting your money into Israel as a new immigrant

The red flags are best avoided. Cooperation with bank questions is more likely to free up your money than suing the bank.

By LEON HARRIS
05/09/2024
Fitch Ratings

Fitch downgrades Israel's credit rating to A amid geopolitical tensions and ongoing conflict

Fitch Ratings downgraded Israel’s credit rating from A+ to A, citing heightened geopolitical risks and the ongoing Israel-Hamas conflict.

13/08/2024

Israel shekel stumbles on Iran, Hezbollah attack concerns

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

By REUTERS
12/08/2024

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.

08/08/2024

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.

By REUTERS
16/07/2024

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%.

By IDAN ERETZ/GLOBES/TNS
11/07/2024
An illustration of Israeli cryptocurrency

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.

By REUTERS
10/07/2024

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.

25/06/2024

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.

23/06/2024
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