Exchange Rate in Israel

Israel Exchange Rate | Economic News & Forecasts

Israel - Exchange Rate

The economy appeared to gain steam in the third quarter. In July and August, growth in the State of the Economy index—a proxy for economic activity—averaged notably higher than in Q2. Moreover, the labor market should have remained tight as the unemployment rate tracked below 4.0% in July and August, while average wage growth markedly outpaced inflation in July, boding well for private consumption. This comes after a meek Q2: A third GDP estimate revised growth down to a mere 0.6% SAAR. However, this low figure was distorted by a sharp fall in vehicle sales, after consumers had front-loaded purchases in Q1 ahead of new environmental taxes, and underlying momentum was broadly stable. On the political front, the country remains without a new government following inconclusive elections in September. However, economic momentum should remain robust regardless.

Israel - Exchange Rate Data

2013  2014  2015  2016  2017  
Exchange Rate (vs USD)3.47  3.89  3.90  3.85  3.47  

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Israel Exchange Rate Chart

Israel Exchange Rate
Note: Israeli shekel (ILS) per U.S. dollar
Source: Central Bank of Israel.

Israel Facts

Bond Yield1.10-1.69 %Sep 04
Exchange Rate3.53-0.37 %Sep 04
Stock Market1,479-0.91 %Sep 04

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