Israeli New Sheqel

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Israeli New Sheqel

The currency of Israel. It replaced the old sheqel in 1985 due to the former currency's high rate of inflation. The new sheqel is a floating currency, and because it is traded on the Merc, it is one of the few currencies for which futures and other derivative contracts are widely available. The new sheqel is a hard currency, indicating consumer confidence on the foreign exchange markets. See also: Currency pair.
References in periodicals archive ?
The convenience translation of the New Israeli Shekel (NIS) figures into US dollars was made at the exchange prevailing at March 31, 2012: US $1.
Dollar against the New Israeli Shekel and linkage to the Israeli Consumer Price Index
Baydoun is required to pay an amount of 20,000 New Israeli Shekels as compensation for the prosecuting party's losses within 90 days of the ruling.
However, the Israeli government spent an average of 2,300 New Israeli Shekels (NIS), or approximately $604, on each Jewish child in elementary school during the year 2008-2009.
The unexpected reply from The Negev Educational Association of Laqiya contained a check for 150 new Israeli shekels.
5 million New Israeli Shekels (US$ 403,000), without having an opportunity to respond to the claim.
It can vary from about fifty to seventy New Israeli Shekels (NIS) (13.
Excluding bank debt, the purchase price was valued at approximately 690 million New Israeli Shekels ("NIS"), or $190 million, of which approximately NIS 40 million, or $11 million, was paid and is to be paid by third party payments to 012 Smile, and assigned to Ampal.
TEL AVIV, Israel -- Ampal-American Israel Corporation - (NASDAQ:AMPL) announced today that it has published a prospectus in Israel for an Israeli-only public offering of its Series C debentures in an aggregate amount of 145 million New Israeli Shekels (approximately 38 million US dollars) which will only be listed on the Tel Aviv Stock Exchange.
in the amount of 640 Million New Israeli Shekels (approximately $172 Million) and 160 Million New Israeli Shekels (approximately $43 Million), respectively, and (iii) borrowings by Merhav-Ampal Energy Ltd.
On December 1st Tel Aviv Stock Exchange (TASE) launched a bond index tracking corporate bonds denominated in New Israeli Shekels (NIS), which are not linked to the Consumer Price Index (CPI), and bear fixed interest.