Bank of Israel Buys $801 Million in Forex Amid Shekel Volatility
The Bank of Israel purchased $801 million in foreign currency in May to stabilize the shekel amid its volatility, pushing reserves to a record high in Israel.
Shekels
Israel Sees $3.7 Billion Trade Deficit in May
Israel recorded a $3.7 billion trade deficit in goods for May 2026, as exports totaled $6 billion and imports reached $9.75 billion.
$330 Million Allocated for Summer Education Programs
Israel's government has allocated $330 million for summer 2026 education programs, with 231 local authorities participating to offer students learning and.
Shekel Exchange Rates End of Day Wednesday, June 10, 2026
The Bank of Israel released end-of-day currency exchange rates for June 10, 2026, with the US Dollar trading at 2.9730 NIS and other major currencies showing.
Four Billion Shekels Allocated to Strengthen 10,000 Northern Homes Against Rocket Attacks
Israel's government allocates 4 billion shekels ($1.35B) to bolster over 10,000 northern homes against rocket threats, focusing on border towns.
300 Million Allocated for Construction of New Housing in Priority Areas
The Israeli government has approved 300 million shekels for housing development in national priority areas, expected to promote 8,000 new units.
Shekel Exchange Rates End of Day Monday, June 8 2026
The Bank of Israel released end-of-day Shekel exchange rates for Monday, June 8, 2026, with the US Dollar seeing a significant increase.
Millions Allocate to Add Solar Roofs on Sports Fields
Israel's Ministry of Energy will fund 15 million Shekels ($5.1 million) for solar roofs on sports fields, generating clean energy and expanding sports hours.
Israels Largest Marine Project Completed 12 New Netanya Beach Breakwaters
Israel's largest marine project, 12 breakwaters in Netanya, is complete, protecting 3.5 km of coastline and expanding beaches with sand from Ashdod.
Average Israeli Salary $5,500
Israel's average monthly salary reached 15,921 Shekels ($5,500) in March 2026, an 8.8% rise from 2025, reports the Central Bureau of Statistics.
Shekel Exchange Rates End of Day Thursday, June 4 2026
The Bank of Israel released end-of-day shekel exchange rates on Thursday, June 4, 2026, detailing currency values.
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