More
EN
Newsletter
More
Newsletter
EN
Support JNS
News   Israel News

Shekel hits 33-year high against dollar

The Israeli currency strengthened to 2.90 against the greenback, its strongest level since October 1993.

May. 7, 2026
JNS Staff
A stack of bimetallic Israeli 10 shekel coins. Credit: Ri Butov/Pixabay.
A stack of bimetallic Israeli 10 shekel coins. Credit: Ri Butov/Pixabay.
( May 7, 2026 / JNS )

The Israeli shekel gained 1.1% on Wednesday, reaching its highest level against the dollar in 33 years, amid investor optimism over a possible end to hostilities between Iran and the United States.

The shekel, which has appreciated 9% so far in 2026, strengthened to 2.90 per dollar on Wednesday, its strongest level since October 1993, Reuters reported.

Business and Economy
JNS Staff
JNS Staff JNS Staff
See more from JNS Staff
EXPLORE JNS
Tel Aviv Beach
Israel News
Israeli Health Ministry urges precautions ahead of nationwide heatwave
The ministry urged the elderly, children, pregnant women and people suffering from chronic illnesses to avoid unnecessary exposure to the sun.
May. 12, 2026
JNS Staff
U.S. Ambassador to Israel Mike Huckabee at Tel Aviv University on May 12, 2026. Credit: Israel Hadari
Israel News

Huckabee confirms Israel sent UAE Iron Dome, personnel during Iran war
The Gulf country was the target of most of Tehran’s missiles and drones.
May. 12, 2026
Etgar Lefkovits
French Jews attend a rally against antisemitism in Paris, France on March 28, 2018. Photo by Canaan Lidor.
World News
France arrests Tunisian from Djerba for terror plot on Jews
The 27-year-old gave police a falsified driver’s license when stopped while suspiciously patrolling Paris streets.
May. 12, 2026
JNS Staff
Golani Brigade troops move along the Litani River in Southern Lebanon during a special operation over the past week in this handout photo released by the Israel Defense Forces on May 12, 2026. Credit: IDF.
Israel News
IDF says 350 terrorists killed in Lebanon campaign
In recent weeks, Israeli forces struck over 1,100 Hezbollah targets, the military said.
May. 12, 2026
JNS Staff
Israeli President Isaac Herzog delivers a statement following the death of former Anti-Defamation League national director Abraham Foxman, May 12, 2026. Credit: GPO.
Israel News
Full remarks: Herzog eulogizes Abe Foxman
“I know that his legacy and his message will live on,” the Israeli president said of the longtime ADL director.
May. 12, 2026
Isaac Herzog
El Al
Israel News
Israel denies entry to YouTuber who claimed Jews ‘invaded’ NY, NJ
Tyler Oliveira was stopped at Tel Aviv’s Ben-Gurion International Airport and deported back to the United States.
May. 12, 2026
JNS Staff, Amelie Botbol
Vehicles drive past a billboard in Beirut depicting Lebanon's President Joseph Aoun with the words "the choice is for Lebanon" on April 24, 2026. Israel and Lebanon extended their shaky ceasefire by three weeks, U.S. President Donald Trump said, as the United States remained at a standstill in negotiations with Iran to end the war in the Middle East. Photo by Anwar Amro/AFP via Getty Images.
JNS TV / Straight Up
The growing divide over Iran redefining Western politics
May. 11, 2026
Daniel Seaman
THE COLUMN
Column
A (Jewish) state of political confusion
Ruthie Blum
Stephen M. Flatow. Credit: Courtesy.
Column
America gave Jews freedom of faith
Stephen M. Flatow