Breaking Update

Israeli Shekel Surges, Hits 30-Year High Against Dollar

Israeli Shekel surges to a 30-year high against the dollar, hitting 3.068 on February 12, 2026, its lowest since 1995.

February 12, 2026 at 4:54 pm Pesach Benson Economy

Jerusalem, 12 February, 2026 (TPS-IL) — The Dollar hit a historic low against the shekel on Thursday, with the representative rate set at 3.068 — its lowest since November 29, 1995, when it stood at 3.065. So far, the Bank of Israel has not intervened in currency trading. However, it is widely believed that if the dollar falls below three shekels in continuous trading, the central bank would buy hundreds of millions of dollars to stabilize the market.

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