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In afternoon inter-bank trading the shekel is gaining sharply against the US dollar and the euro. The shekel-US dollar ...
The shekel opened the forex trading week sharply weaker although its losses moderated slightly in early afternoon inter-bank ...
As global finance enters a new digital era, Israel finds itself at a pivotal crossroads. The Bank of Israel’s exploration of a central bank digital currency (CBDC)—the so-called “digital shekel”—is ...
GAZA, April 27, 2025 (WAFA) – The people of Gaza are facing worsening economic conditions as market instability, rejection of ...
“As a result local financial institutions need to rebalance their dollar exposure, which means that they need to buy dollars and sell the local currency,” says Menahem. The post Shekel falls ...
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As a trade-reliant economy, Israel must brace for currency fluctuations, potential inflation, and shifts in trade dynamics. The shekel-dollar exchange rate could see significant volatility ...
However, it does not explicitly discuss the consequences of transitioning to a digital currency for communities that rely heavily on cash. The digital shekel may pose a significant challenge to these ...
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