We Take a Loss: Surging Shekel Puts Pressure on Israeli Nonprofits
Israel's strong shekel is financially burdening nonprofits like Jerusalem-based StandWithUs, whose foreign donations lose value, impacting operations and.
Shekels
Millions Allocated to Increase Salaries of Social Workers at Boarding Schools
Israel's Ministry of Welfare is investing 20 million Shekels to raise salaries for social workers at boarding schools for children from troubled homes.
US Dollar Hits New 32-Plus-Year Low Against the Shekel
The US Dollar hit a 32-year low against the Israeli Shekel on May 6, 2026, influenced by President Trump's announcement on Iran negotiations.
Shekel Exchange Rates End of Day Wednesday, May 6, 2026
The Bank of Israel set end-of-day shekel exchange rates on Wednesday, May 6, 2026, with the US Dollar at 2.9030 NIS.
Average Monthly Israeli Salary $4,882
Israel's average monthly salary hit $4,882 in February 2026, a 5% rise from 2025, according to the Central Bureau of Statistics.
Israel Sees $3.32 Billion Trade Deficit in March
Israel's March 2026 trade deficit reached $3.32 billion (9.8 billion Shekels), with goods exports at $5.5 billion and imports at $8.88 billion.
Israel Moves Forward with Digital Currency Pegged to Shekel
Israel's Capital Market Authority has approved Bits of Gold to issue a shekel-pegged stable digital currency after a two-year pilot.
Shekel Exchange Rates End of Day Friday, April 24, 2025
The Bank of Israel released end-of-day exchange rates for Friday, April 24, 2025, with the US Dollar, Euro, and Pound Sterling seeing minor dips.
National Challenge Launched for New Critical Mineral Tech
Israel's Innovation Authority and Ministry of Energy launched a national challenge for critical mineral technologies, with a 1 million Shekel prize for.
Gasoline Prices in Israel Jump Almost 15% Due to War
Israel's Fuel and Gas Administration announced a 14.6% gasoline price increase to 8.05 Shekels per liter, attributed to war-driven global oil costs.