Tag archive for ‘Shekel’

Goldman Sachs Report: Joe Biden Victory = Shekel drop Against The Dollar

According to its weekly report, Goldman Sachs says that if Joe Biden wins the Presidency next month than the Shekel will drop in Value against the US Dollar. This after the Shekel just saw a 1.5% gain against More...

Gil Tanenbaum On Monday, June 29th, 2015

Bloomberg: Shekel Is World’s Worst Currency

– – Bloomberg declared the Israeli Shekel to be the “World’s Worst Currency” after it went on an up and down ride last week. The Shekel had appreciated by 2.1% against the Dollar More...

Tzvi Ben-Gedalyahu On Thursday, November 13th, 2014

Consumer Revolution Sparks ‘Five-Shekel Supermarket’ Chain

Originally published by The Jewish Press The man who introduced Israelis to the five-cent cup of coffee now is planning to open up a chain of supermarkets that will sell 600 leading food and housewares products More...

Gil Tanenbaum On Wednesday, October 22nd, 2014

ELBIT Gets $85 Million Asian Contract to Upgrade F-5 Aircraft

Elbit Systems Ltd. announced today that it was awarded contracts from an Asian country in a total amount of approximately $85 million. Most of the amount is for an F-5 aircraft avionics upgrade program and the More...

Vered Weiss On Wednesday, September 17th, 2014

Shekel Weaker, Dollar Stronger, But Who’s Winning?

The dollar has risen dramatically against the shekel, with the latter currency declining 6.8% against the dollar since July. This was not necessarily considered a bad thing earlier in the year, when the More...

Gil Tanenbaum On Monday, September 1st, 2014

Gazit-Globe Q2 Earnings Up

Israel’s largest real estate investment firm, Gazit-Globe, has announced strong second quarter earnings for this year. Its Q2 2014 earnings were up from the same period one year ago. The company reported More...

Gil Tanenbaum On Wednesday, August 27th, 2014

US Real Estate Developers Steven Witkoff, David Lichtenstein, Playing Tel Aviv Debt Market

New York Real estate developer Steven Witkoff’s Witkoff Group is planning on entering the Israeli capital debt market. Witkoff will be joined in that field of investment by fellow New York developer David More...

Vered Weiss On Sunday, August 24th, 2014

Binary Brand iTrader Invests a Million Shekel in Jerusalem Soccer Team

Binary Brand iTrader announced it would sponsor leading Israeli football team, Beitar Jerusalem, to the tune of a million shekel or $280, 00 for the 2014-15 season. The deal will allow both the team More...

MONEY ILLUSTRATION
Vered Weiss On Monday, August 11th, 2014

Despite Gaza War, The Shekel Continues to Rise

–   As yet another ceasefire was broken on Friday, the shekel continued its move upward compared to the dollar and other currencies. And despite a dip in Israeli tech stocks, the general trajectory More...

Vered Weiss On Thursday, August 7th, 2014

As Natural Gas Fuels the Shekel, Bank of Israel Buys More Dollars

– The Bank of Israel increased its high rate of U.S. dollar purchases in June by $326 million to $87, 139 million for July. The move was in an effort to combat the dramatic rise of the shekel, fueled More...

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