Shekel Hits 30-Year High as Exporters Warn of Currency Squeeze
Updated
Updated · The Times of Israel · Apr 20
Shekel Hits 30-Year High as Exporters Warn of Currency Squeeze
29 articles · Updated · The Times of Israel · Apr 20
The Israeli shekel has surged to a 30-year high against the US dollar, trading below the 3.0 mark for the first time since 1995.
This sharp appreciation is driven by strong capital inflows, optimism over a ceasefire with Iran, and Israel’s resilient high-tech sector.
While consumers benefit from cheaper imports, exporters and tech firms warn of squeezed profits, job relocations, and growing calls for government intervention.
Can Israel's export-driven economy survive its own currency becoming one of the world's strongest?
As the shekel soars, are Israeli savers trapped by their US dollar investments?
Why is Israel's central bank refusing to intervene as the strong shekel crushes local manufacturers?
Is the Israeli shekel's strength a sign of lasting peace or a fragile market bubble?
How will the fragile Israel-Lebanon truce impact global energy markets and Red Sea trade routes?