Wix CEO blames strong shekel for layoffs
Wix CEO Avishai Abrahami wrote to the company’s employees today, "Today is a sad day for me. We have ...
Friday, June 26, 2026
Tag: Shekel
Shekel appreciation continues unchecked – Globes
The shekel continues to strengthen to levels not seen since for decades against the world’s major currencies. Yesterday the ...
Shekel gains sharply despite interest rate cut
Whoever thought that the Bank of Israel’s decision to cut the interest rate would halt the appreciation of the ...
BoI governor: The strong shekel is moderating inflation
Governor of the Bank of Israel Amir Yaron spoke to "Globes" following the announcement by the bank that its ...
Strong shekel pushes companies overseas
Over the years, many Israeli companies have transferred part of their activities overseas, in order to save costs or ...
Shekel set to continue strengthening
The shekel is trading at its strongest against the US dollar in more than 30 years, after falling below ...
Strong shekel lifts forex reserves to new record
Israel’s foreign exchange reserves at the end of April 2026 rose to a record $235.745 billion, an increase of $6.326 ...
Strengthening shekel nears NIS 2.90/$ threshold
The shekel continues to strengthen today against the US dollar and is currently trading 1.20% lower at NIS 2.9030/$, ...
Strong shekel wipes out sovereign wealth fund returns
Israel's Sovereign Wealth Fund, known as the Citizens' Fund, which invests part of its gas and other natural resource ...
Shekel at 30-year strongest against dollar
The ceasefire with Iran and negotiations with Lebanon have seen the shekel hit a 30-year strongest against the US ...
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