Dollar
Israel's high-tech faces unexpected crisis as dollar slides 20% against shekel
The dollar fell by approximately 20% against the shekel over the last year, which puts companies that depend on dollar income at risk.
A strong shekel, a weakened export engine
Dollar falls below three shekels for first time in over 30 years, annual inflation rate declines
Trump signature to appear on US currency, ending 165-year tradition
Saudi Arabia tries to develop counter-leverage with dollar threat
The kingdom could not afford to jeopardize its security relationship and close ties with the present U.S. administration.
![Money [illustrative]](https://images.jpost.com/image/upload/f_auto,fl_lossy/q_auto/c_fill,g_faces:center,h_194,w_290/253172 "Money [illustrative]")
Shekel strengthening against dollar, amid U.S. political crisis
The dollar is struggling on world markets because of the political chaos in Washington over the House of Representatives refusal to approve President Trump's budget.
Shekel at weakest against dollar in two years
Consumer Price Index fell 0.3% in November and inflation over the past 12 months is running at 1.2%.
U.S. Treasury yields retreat from 4-yr high as stock selloff deepens
Wall Street indexes closed off the lows of the day but the Dow and S&P 500 both fell more than 4.0 percent, posting their biggest daily percentage drops since August 2011.
Shekel strengthens, dollar weakens, and trade industry braves the storm
The shekel is now 11% stronger than it was at this time last year, with one dollar trading for 3.4 shekels, according to the Bank of Israel rate on Monday.
Living on dollars in Israel
Many transactions require pricey international wire fees, making transferring and converting amounts under $10,000 financially inefficient.
Analysis: The Petrodollar system holds a stable Middle East
The new US administration has shown its support for Saudi Arabia with this year’s weapons deal is a last ditch attempt to keep the Petrodollar alive.