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 grants, which total between 40,000 and 60,000 shekels ($11,500-$17,200) are combined with the discounted prices of apartments sold as part of the Mehir Lemishtaken program.
Danon should learn of the Tyrian Shekel which was first minted in 126 BC with Greek letters.
Essentially, this means land worth millions of shekels was allocated without a tender, and behind Alon's back.
In 2013, the state's incomes from payment of gas royalties and tax are expected to reach 500 million shekel (about 140 million dollars), Shalom told the Knesset's (parliament) Finance Committee.
Hamas comes to inspect every week and takes about 20 shekels ($5.
The EU crises has led to the euro falling to its lowest level against the shekel in seven years, and a four year low against the US dollar.
The dollar and the Jordanian dinar are both used for some transactions, though the Israeli shekel is most commonly handled in day-to-day cash transactions.
The combined weight of the 12 silver bowls came to 1,560 shekels.
Banks operating in the West Bank have resumed cash transfer of shekels to Israel.
Palestinian PM Salam Fayyad plans to pay salaries to public workers on Aug 7, but the officials said Israel has yet to allow the banks to bring 100 million Israeli shekels (about Dh103.
Nur-kubi, Ili-tukulti, and Naram-ilisu sell a property to Adad-tajjar for 15 shekels of silver.
It is a fourth-tier subsidiary of an affiliated group of corporations whose common parent is DL Shekels Holdings Ltd.