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1. • Symbolizes national identity and economic sovereignty

     • In contemporary Israel, the shekel is more than just a means of transaction; it symbolizes national identity and economic sovereignty. The Bank of Israel, the country’s central bank, carefully manages the shekel to maintain its stability and value.
     firmisrael.org/learn/what-is-the-shekel-the-hebrew-word-for-to-weigh/

     What is the Shekel? The Hebrew Word for "To Weigh" - FIRM Israel

2. en.globes.co.il › en › article-Why-is-the-shekel-soWhy is the shekel so strong? - Globes

   en.globes.co.il › en › article-Why-is-the-shekel-so

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   Oct 31, 2021 · Four factors that are making the shekel appreciate, yet keeping the Bank of Israel on the sidelines. Last week, the shekel strengthened sharply against the world's leading...

   • Features

     Business news and analysis from Israeli financial daily...

3. www.msn.com › en-us › moneyThe shekel is getting stronger, but for the wrong reasons - MSN

   www.msn.com › en-us › money

   Amid the ongoing war between Israel and Hamas, a peculiar financial trend has caught the attention of experts and market observers: the strengthening of the shekel against major currencies.

4. Videos

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     The authentic Hebrew meaning of the word Shekel - Biblical Hebrew Lessons with Professor Lipnick

     Sep 10, 2017

     12.5K Views

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     Israeli shekel: what you need to know

     Oct 11, 2023

     452 Views

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     Israeli Currency - Shekel

     Nov 8, 2017

     11.3K Views

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5. www.haaretz.com › israel-news › 2021/11/11How Israel’s shekel became the strongest currency in the world

   www.haaretz.com › israel-news › 2021/11/11

   Nov 11, 2021 · In the last year the Bank of Israel has been intervening in the currency markets less and less to keep the shekel from strengthening even more than it has, and plans to do even less come 2022. Why indeed should it act otherwise?

6. africa.businessinsider.com › markets › why-theWhy the Israeli shekel is the world's best performing ...

   africa.businessinsider.com › markets › why-the

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   Nov 27, 2023 · The Israeli shekel rose 8.8% from a late October low, hitting 3.72 against the dollar. It's rebound was helped by the Bank of Israel, which unloaded $7.3 billion from its reserves...

7. en.globes.co.il › en › article-why-the-shekel-is-theWhy the shekel is the world's strongest currency - Globes

   en.globes.co.il › en › article-why-the-shekel-is-the

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   Aug 8, 2019 · Harel Finances VP Yair Mendelson explains why the shekel has gained so strongly against the dollar, while most major currencies have weakened against the US currency.

8. www.ynetnews.com › business › articleExploring the foreign exchange market: What causes the shekel ...

   www.ynetnews.com › business › article

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   Jun 11, 2023 · In the past week, Israel's shekel has strengthened after a long period of weakness, which the Bank of Israel attributed, among other factors, to judicial reform; Who are the actual traders in...

9. People also ask

   What if Israel had a strong shekel?

   • There was a time when a strong shekel would have sent shockwaves through the Israeli economy. Exports were the lifeblood of the economy and if the Israeli currency gained too much against the dollar, Israeli products became less price-competitive overseas and corporate profits evaporated.

   How Israel’s shekel became the strongest currency in the world

   www.haaretz.com/israel-news/2021-11-11/ty-article/.highlight/how-israels-shekel-became-the-strongest-currency-in-the-world/0000017f-e938-dea7-adff-f9fb1a350000

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   Is the shekel strengthening against major currencies?

   • In the midst of the ongoing conflict between Israel and Hamas, a peculiar financial trend has caught the attention of experts and market observers—the strengthening of the shekel against major currencies.

   The shekel is getting stronger, but for the wrong reasons

   www.msn.com/en-us/money/markets/the-shekel-is-getting-stronger-but-for-the-wrong-reasons-analysis/ar-AA1lZ21R

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   Why was the bank of Israel willing to defend the shekel?

   • In his own words, Ben-David noted, "The fact that the Bank of Israel was willing to defend the shekel with the mountain of foreign currency that it has, plus diminishing concerns of Hezbollah entering the war, has helped reduce the pressures that led to the shekel weakening."

   The shekel is getting stronger, but for the wrong reasons

   www.msn.com/en-us/money/markets/the-shekel-is-getting-stronger-but-for-the-wrong-reasons-analysis/ar-AA1lZ21R

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   Is the shekel a resilient currency?

   • And last year, despite the slump in the world economy, the shekel actually strengthened against other major global currencies, suggesting a serious resilience to the currency. The Israeli-Palestinian conflict is always a concern for the shekel, as any kind of political instability can cause a currency to plummet.

   How strong is the shekel and why is it so strong? | CurrencyTransfer

   www.currencytransfer.com/blog/expert-analysis/how-strong-is-the-shekel

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   Why is Israel a stable currency?

   • Another reason is also that Israel is at a prime location between Europe, Asia and Africa, meaning that it can represent a global hub for trade and commerce. This sustained interest in the country means that the shekel remains a stable currency, and strengthens it against the currencies of the world. Is the shekel backed by gold? No.

   How strong is the shekel and why is it so strong? | CurrencyTransfer

   www.currencytransfer.com/blog/expert-analysis/how-strong-is-the-shekel

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   Does the shekel have a bright future?

   • Due to the previously mentioned investment in tech and software, the shekel has a bright future due to the interest in this industry. And last year, despite the slump in the world economy, the shekel actually strengthened against other major global currencies, suggesting a serious resilience to the currency.

   How strong is the shekel and why is it so strong? | CurrencyTransfer

   www.currencytransfer.com/blog/expert-analysis/how-strong-is-the-shekel

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10. www.currencytransfer.com › blog › expert-analysisHow strong is the shekel and why is it so ... - CurrencyTransfer

    www.currencytransfer.com › blog › expert-analysis

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    May 11, 2023 · The shekel is the main currency of Israel and has been in circulation since 1985. Despite the challenges the country has faced, the shekel has emerged as one of the strongest and most reliable currencies in the world.