Shekel

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.

Your taxes: Paying tax on bitcoin and other virtual currency profits

The Israeli Tax Authority has developed a new procedure for the good guys to pay tax on their virtual currency gains.

By LEON HARRIS
21/04/2024

Dairy prices to jump 4.48% from May 1 for price-controlled products

Among product prices impacted, the price of one liter of bagged 3% milk will go from NIS 5.94 to NIS 6.21 and one carton of 1% milk will rise from NIS 6.41 to NIS 6.7.

15/04/2024

Israel-Hamas war doubles Israel's debt raising in 2023

The outbreak of the Israel-Hamas war in October led to a doubling of Israel's borrowing in the past year, with the state raising 160 billion shekels in debt.

By REUTERS
15/04/2024

The price of the Gaza war: How much will Israelis pay for more soldiers?

The study found that higher economic costs stemmed from reserve duty rather than regular service.

20/03/2024

Shekel drops as Hezbollah hits North

Israel's uncertain security situation and the threat of war in the north was part of Moody's downgrade of the country's credit rating last month.

12/03/2024

Two Israelis win NIS 9 million in latest lottery draw

The draw saw a lottery ticket and a double lottery ticket, both purchased by the couple, winning the first and second prizes.

The shekel is getting stronger, but for the wrong reasons

The shekel-dollar rate has dropped below NIS 3.6, indicating the Israeli currency’s increasing strength — but it may be coming as a result of deeper issues.

Inflation in Israel works its way down as interest rate cut looms

As the shekel begins a climb from recent lows, analysts anticipate interest cuts upcoming, even as early as the end of November.

Israel markets sink, businesses shut after Hamas attack

Factories are still operating to limit concerns over scarcity of essentials

By REUTERS
08/10/2023
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