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Currency Exchange Rates Against the Shekel (March 28)
SadaNews Economy - The exchange rates of currencies against the shekel today, Saturday (March 28), are as follows:
- Dollar: 3.14
- Dinar: 4.44
- Euro: 3.62
Predictions of a 12.5% Increase in Gasoline Prices in Israel Next Month
SadaNews Economic Translation - If the Israeli Ministry of Finance does not decide to reduce the production tax, the fuel price is expected to rise by 12.5% next month to reach around 7.90, according to estimates from the Israeli Institute of Energy and Environment, which represents oil and fuel com...
Fitch Confirms Israel's Rating at 'A' with Negative Outlook
SadaNews Economy - On Friday, the credit rating agency "Fitch" confirmed Israel's long-term credit rating in foreign currency at "A" with a negative outlook, indicating that rising levels of public debt and ongoing risks associated with the war could weaken the country's financial trajectory.
Fitch...
Poll Shows Economic Deterioration Within Israel Due to War
SadaNews Economy Translation - A survey conducted by the Hebrew economic site Globes revealed that one in every two families has seen a decline in income due to the war.
According to the site, as translated by SadaNews Economy Department, the families that have been most affected are those that wer...
Oil Declines and Heads Towards Recording Biggest Weekly Loss in 6 Months
SadaNews Economy - Oil prices fell during trading today, Friday, heading towards recording the biggest weekly loss in six months, despite strong gains in the previous session, following statements from U.S. President Donald Trump about progress in talks to end the war with Iran.
Brent crude contrac...
Gold Rises But is on Track for Fourth Weekly Loss
SadaNews Economy - The price of gold rose by more than one percent today, Friday, supported by buying activities; however, it is on track to incur losses for the fourth consecutive week.
Gold advanced in spot transactions (1.1%) to (4428.30) dollars per ounce (at 0228 GMT), but the precious metal h...
Currency Exchange Rates Against the Shekel (March 27)
SadaNews Economy - The currency exchange rates against the shekel today, Friday (March 27), are as follows:
-Dollar: 3.13
-Dinar: 4.41
-Euro: 3.61
The IMF Studies Supporting Economies Affected by the Iran War
SadaNews Economy - Bloomberg reported, citing informed sources, that the International Monetary Fund is exploring ways to finance economies that may need support if the Iran war continues for a long time.
The agency quoted sources stating that "the IMF is developing scenarios for the unfolding of e...
Hebrew Channel: Israel Rejects Request from Egypt and Jordan to Operate Gas Platforms
SadaNews Economy Translation - Hebrew Channel 12 reported on Thursday evening that Egypt and Jordan requested Israel to operate the halted Israeli gas platforms to supply them with natural gas amid the global energy crisis.
According to the Hebrew channel, as translated by SadaNews, the Israeli Min...
"The Monetary Authority" and "the Private Sector Coordination Council" Discuss the Impleme...
SadaNews - The Monetary Authority and the Private Sector Coordination Council held a meeting to discuss the implementation plan for the Law to Reduce Cash Use. The meeting, held at the headquarters of the Palestinian Federation of Industries in Ramallah, was attended by the Governor of the Monetary...
Sources to 'SadaNews': Israel Extends Banking Relations with Palestinian Banks
SadaNews Exclusive - Informed sources revealed to "SadaNews" on Thursday evening that Israel has decided to extend its banking relationship with Palestinian banks for two months, until 31/5/2026.
According to the sources, the correspondent Israeli banks have informed their Palestinian c...
The Implications of the Middle East War on the Global Economy: Concerns of a Comprehensive...
SadaNews Economy - The economic repercussions of the war on Iran are accelerating as it enters its fourth week, with continued reflections pressuring energy markets and global economies, amid urgent government measures and warnings of a crisis that may extend beyond the oil sector to a broader indus...