Exchange Rate in Israel

Israel Exchange Rate | Economic News & Forecasts

Israel - Exchange Rate

The economy seemingly lost steam in the second quarter, after a frontloading of car purchases ahead of green tax changes boosted the first quarter’s outturn. The Central Bank’s State of the Economy Index suggests economic activity ebbed noticeably in April and May, likely in part on lower vehicle sales. A contraction in exports also played a role, amid a strong shekel and more challenging global trade environment. More positively, the labor market is in rude health: The unemployment rate dipped to a 14-month low in May, which should be supporting wage growth and domestic demand. In mid-June, GDP figures for Q1 were revised down slightly, largely on softer-than-previously-estimated expansions in private consumption, fixed investment and exports, and larger-than-estimated growth in imports. However, the overall picture was unchanged: Domestic demand powered the economy, while the external sector subtracted from growth.

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 Yield1.59-1.69 %Jul 11
Exchange Rate3.55-0.37 %Jul 11
Stock Market1,488-0.91 %Jul 11

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