Exchange Rate in Israel

Israel Exchange Rate | Economic News & Forecasts

Israel - Exchange Rate

The economy likely lost some momentum in annual terms in the first quarter, with the manufacturing PMI averaging notably lower than in Q4. Nevertheless, growth should still have been solid, supported by the expansionary fiscal stance and a healthy labor market. The State of the Economy Index recorded solid readings throughout Q1, while business confidence was robust. On the political front, incumbent Benjamin Netanyahu’s Likud party and rival Benny Gantz’s Blue and White coalition both obtained 35 seats in parliament in a general election held on 9 April. Agreements with smaller parties should give Netanyahu a majority, although coalition talks are still ongoing. Economic policy is thus unlikely to change significantly, with a continued focus on keeping taxes low and boosting competitiveness. However, political instability is possible given the fractured parliamentary arithmetic.

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 Yield2.00-1.69 %May 13
Exchange Rate3.57-0.37 %May 13
Stock Market1,420-0.91 %May 13

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