Stronger shekel reshapes housing market as foreign buyers lose purchasing power
For years, foreign buyers helped fuel Israel’s booming real estate market, particularly in Jerusalem and Tel Aviv, often…
Strong shekel makes Israeli tech workers pricier than their US counterparts, study shows
Israeli tech developers have become more expensive than their US counterparts for the first time in many years,…
Smotrich vows long-sought assistance plan for Israeli tech harmed by strong shekel
For weeks, local tech exporters and manufacturers have been warning that the overly strong shekel poses a serious…
Investors sour on Israel as US moves to end fighting, blunting market’s wartime gains
For months, barrages of Iranian ballistic missiles flying at Israel, escalating tension at the Lebanese front and fears…
Strong shekel squeezes value of export sales, as industry warns of damage to economy
The shekel’s sharp appreciation reached new peaks for positive reasons, but the strong currency is translating into losses…
Smotrich instructs ministry to build task force to help tech firms with shekel surge
Finance Minister Bezalel Smotrich on Wednesday instructed his ministry to create a dedicated task force to help Israel’s…
Shekel hits 33-year-peak, hammering exports, yet policymakers are insistently inactive
Israeli tech exporters and manufacturers are warning of an unfolding economic crisis as the shekel’s rise to a…
Brawny shekel threatens to knock out exporters, tech firms dependent on almighty dollar
For over a century, Hanan Grebelsky’s family-run business has quarried and cut Jerusalem limestone, providing iconic buildings in…