Bank of Israel Buys $801 Million in Forex Amid Shekel Volatility
The Bank of Israel purchased $801 million in foreign currency in May to stabilize the shekel amid its volatility, pushing reserves to a record high in Israel.
Shekels
Israels Average Gross Employee Salary $3,880 in July 2026
In July 2026, Israel's average gross monthly salary hit 14,534 Shekels ($3,880), up 3.4% year-over-year, with real wages also growing.
Shekel Takes Another Hit: Dollar Surges to NIS 3.08
The US dollar climbed sharply against the Israeli shekel, reaching NIS 3.08, as the currency faced renewed pressure in foreign-exchange trading.
Shekel Exchange Rates End of Day Tuesday, September 28, 2026
On Tuesday, September 28, 2026, the Bank of Israel reported end-of-day exchange rates showing most foreign currencies appreciated slightly against the Israeli.
Israels Tourist Hotel Revenue Falls in First Half of 2026
Israel's tourist hotel revenue fell to 5.4 billion shekels in the first half of 2026, down from 6.1 billion shekels a year prior, with hotel employment also.
Israels Public Financial Assets Rise to $2 Trillion in Second Quarter of 2026
Israel's public financial assets reached $2 trillion in Q2 2026, a 4.6% increase fueled by foreign equities, cash, and corporate bonds.
Shekel Exchange Rates End of Day Wednesday, September 23, 2026
The Bank of Israel set end-of-day Shekel exchange rates on Wednesday, September 23, 2026, with most major currencies experiencing slight depreciation.
Foreign-Controlled Companies Employed 288,000 in Israel in 2025, Data Shows
In 2025, foreign-controlled companies employed 288,000 in Israel, with nearly half in high-tech, according to the Central Bureau of Statistics.
Shekel Exchange Rates End of Day Monday, September 7, 2026
Bank of Israel set Monday, September 7, 2026, end-of-day Shekel exchange rates, with the US Dollar trading at 3.0120 NIS and the Euro at 3.5015 NIS.
Israel Unveils New Framework to Open Sheep, Goat Cheese Market, Cut Prices
Israel unveils a new framework to open its sheep and goat cheese market, injecting 100 million shekels into dairy farming and aiming to save consumers millions.
Gasoline Prices to Drop Half a Shekel Starting Monday
Israel's Fuel Authority announced a half-shekel drop in gasoline prices to 7.75 shekels per liter starting Monday, September 7, due to updated excise taxes.