You Searched For "shekel" and got 20 results
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1 min read
Why the Israeli shekel is the world's best performing currency against the US dollar this month
The shekel rose 8.8% from a 11-year low last month, as short sellers left and the Bank of Israel so…
Filip De Mott
1 min read
Currency traders are piling into bets against Israel's shekel following the Hamas attack
Traders are shorting the Israeli currency, which has fallen nearly 5% against the US dollar since H…
George Glover
1 min read
Israeli shekel devalues by 8.3% in less than 2 months
The Israeli shekel has continued its downward trend, shedding 8.3 per cent of its value against the…
2 mins read
From a likely recession to a weakening shekel, here's how the conflict with Hamas is impacting Israel's economy and markets
A top Israeli economist said a recession looks imminent, Fitch issued a downgrade warning, and trad…
Phil Rosen
3 mins read
'Sensational nonsense': Eric Trump slams Bob Woodward's book, says the veteran reporter wrote it 'to make 3 extra shekels'
Eric Trump saying Woodward wrote his book to make "three extra shekels" is incredibly anti-semitic …
John Haltiwanger
1 min read
Israel downgraded by another big credit ratings agency as Middle East tensions escalate
Israel's economy is likely to suffer if there's a drawn-out conflict in the Middle East, S&P Global…
George Glover
2 mins read
Morocco's hashish dealers boycott Israeli traffickers in solidarity with Gaza, says report
Dealers of highly-prized Moroccan hashish are severing ties with Israeli drug smugglers to show sol…
Rebecca Rommen
1 min read
Billionaire investor Bill Ackman and his wife just bought a $25 million stake in the Tel Aviv Stock Exchange
The stake accounts for roughly 5% of Israel's biggest stock exchange, and was purchased through a s…
Jennifer Sor
2 mins read
Palestinian militants execute 2 alleged Israeli collaborators and publicly display their corpses on the West Bank, say reports
Two Palestinians accused of helping kill three Hamas and Palestinian Islamic Jihad militants were e…
Rebecca Rommen
1 min read
Israel's central bank estimates spending to fight Hamas will be about 10% of GDP
The war with Hamas will cost Israel about $58 billion between 2023 and 2025, the central bank proje…
Aruni Soni
1 min read
Israel's currency tumbles to 7-year low, prompting its central bank to sell $30 billion in foreign reserves
Strategists have warned that Hamas' attack on Israel will weigh on markets and commodities while fu…
Phil Rosen
2 mins read
A landlord denied demanding a kidnapped Israeli woman's $600 a month rent after WhatsApp screenshots went viral
WhatsApp screenshots appear to show the landlord of kidnapped student Inbar Heiman asking her roomm…
Sophia Ankel
1 min read
Israel's war with Hamas will cost $53 billion, Israeli central bank says
Between 2023 and 2025, Israel's central bank expects half that amount to go toward increased defens…
Phil Rosen
2 mins read
McDonald's CEO says 'misinformation' about its stance on the Israel-Gaza war is hitting sales
People called for a boycott of the chain after McDonald's Israel said it was giving thousands of fr…
Grace Dean
1 min read
Israel is reportedly investigating claims of anomalous stock trading ahead of the Oct. 7 Hamas attacks
A paper from US researchers claims short selling of certain Israeli securities jumped dramatically …
Filip De Mott
1 min read
Intel, Salesforce and Cisco are giving cash payments to workers in Israel amid the war with Hamas, report says
Intel plans to give $5,000 to its 12,000 workers in Israel this month as a "sign of appreciation" a…
Jyoti Mann
2 mins read
US stocks end lower as Black Friday and Cyber Monday sales come into focus
Cyber Monday sales are expected to hit a record $12.0 billion to $12.4 billion, according to an est…
Matthew Fox
2 mins read
Russian ruble slumps to 18-month low as Israel-Hamas war sends US dollar higher in flight to safety
The Russian ruble weakened further as Hamas' deadly attack on Israel caused investors to seek safet…
Jennifer Sor
2 mins read
Israel has to think long and hard how it got completely blindsided by Hamas' surprise attacks, says former US National Security Council official
Hamas' operation would have needed financial transactions, troop movements, and increased chatter w…
Matthew Loh
2 mins read
Oil prices shoot up and US stocks decline as Hamas' attack on Israel rattles markets
Oil prices jumped as much as 5% Monday, while US stock futures fell with investors fretting about t…