Subscribe to Print Edition | Fri., June 06, 2008 Sivan 3, 5768 | | Israel Time: 21:48 (EST+7)
Haaretz israel news English
web haaretz.com
  Back to Homepage
Rosner's Domain
Diplomacy
Defense Jewish World Opinion National
Print Edition
Advertising
Books Peres Conference Business Real Estate Easy Start Travel Week's End Anglo File
Comments:  6
Last update - 00:56 05/06/2008
Haredis, who live off of dollar donations, set their own exchange rate
By Haaretz Staff and Channel 10
Tags: ultra-Orthodox
Haaretz.com/Channel 10 daily feature for June 4, 2008.

The sinking rate of the U.S. dollar against the shekel has profoundly affected the ultra-Orthodox, many of whom survive off of donations from the United States.

The dollar rebounded very slightly on Wednesday, trading at 3.322 shekels after dropping last week to its lowest rate in 11 years. But some Haredi communities have found a clever solution to combat their shrinking budgets.
Advertisement

In Bnei Brak and in ultra-Orthodox neighborhoods in Jerusalem, a second economy has sprouted, where the dollar is set at four shekels.


Related articles:
  • Ultra-Orthodox passengers riot aboard El Al plane over screening of film
  • Ultra-Orthodox school bars girl over her 'mother's immodesty'
  • Haaretz.com TV: Ultra-Orthodox school bars girl over her 'mother's immodesty'

    Also on Haaretz.com TV:
  • Novel on Arab displacement challenges T.A. narrative
  • 'Bringing NY to Israel': Boutique hotels find their Israeli niche
  • Family living in tent outside Supreme Court awaits a home

    For more video news and features, visit Haaretz.com TV.
    • Bookmark to del.icio.us  
     
    Terrorist donuts
    U.S. Arabs irate over criticism of celebrity cook's kaffiyeh.
    All the way to hell
    Rosner's blog: It's Obama's good intentions that pro-Israel activists fear.
      1.   Wrong , as usual 11:47  |  Get facts right 05/06/08
      2.   So the Israeli currency 12:41  |  Tim Reid 05/06/08
      3.   Hello wakee wakee 15:19  |  Get It Right 05/06/08
      4.   to tim--location of the money changers 16:11  |  alp 05/06/08
      5.   rate 17:09  |  gybor 05/06/08
      6.   Haredi Dollar exchange. 00:08  |  Sylvia 06/06/08
     Read & React
    Olmert: Broad Gaza military operation closer than ever
    Responses: 106
    Bradley Burston: Leave it to Fox News to elect Obama
    Responses: 62
    Mofaz: Israel attack on Iran 'unavoidable' if nuclear program continued
    Responses: 111
    Neve Gordon: When Israelis took driving lessons in Gaza
    Responses: 15
    Yoel Marcus: Obama and the assembly lines of Jewish cliches
    Responses: 7
    Rosner's Domain
    Obama and Jerusalem: did you really believe him?
    Guest: Marrying within the faith isn't racism - it's self preservation
    Should you mess with the Zohan? (WTR)
    Poll: Philip Roth, Victor Frankl or Leon Uris?
    What did Obama say to Joe Lieberman? (WTR)


    More Headlines
    20:24 5 Qassams and 5 mortar shells slam into Negev
    16:43 Mofaz: Israel attack on Iran 'unavoidable' if nuclear program continued
    03:43 PM to Bush, Abbas: I'll weather legal storm, stay in office
    18:12 Obama's pro-Israel speech before AIPAC riles Arab press
    19:05 Thousands attend 10th annual Gay Pride parade in Tel Aviv
    00:50 Israel lags behind Sudan, Pakistan in number of women in legislature
    18:16 New database gathers tales of Shanghai's Holocaust refugees
    01:36 Olmert hints major Gaza operation is imminent
    22:24 A rabbi, an imam and a priest discuss their 'painful verses'
    03:07 Olmert aides: Progress made with U.S. on forging common view on Iran
    03:54 IDF spokesman: Announce war casualties only once a day
    05:20 New radar system in the works to detect mortars from Gaza
    Previous Editions
    Special Offers
    Advertisement
    Dead Sea Products
    Buy Dead Sea mineral skin care and beauty products. Coupon code Haaretz for 10% off.
    Jerusalem of Gold
    Luxury apartments in Jerusalem's finest location
    Your vacation starts here
    Israel Travel Center Guaranteed Lowest Rates
    Istudy
    Learn Hebrew in 3 months
    The Terraces
    Your Ultimate Coastal Address On Nitza Boulevard, North Netanya
    Together Celebrating Israel's 60th
    The Jewish Agency and You - together making history
    Pardes Institute Summer Sessions
    http://www.pardes.org.il/
    Free the Palestinians from:
    Corrupt Kleptocracy, Tyrannical Theocracy, Abysmal Anarchy
    Fattal Hotel Chain
    Perfectly located hotels on best resorts of Israel.
    ISRAEL BONDS Build Israel
    Israel bonds - a multi-purpose way to celebrate Israel's 60th
    Eldan Rent a Car
    Israel's leading car rental company offers you a 20% discount on all online reservations
    Junkyard
    Junk a car - get free towing nationwide and a tax-deductible receipt
    Home | TV | Print Edition | Diplomacy | Opinion | Arts & Leisure | Sports | Jewish World | Underground | Site rules |
    Real Estate in Israel | Travel to Israel with Haaretz | Hotels Israel | Restaurants Israel | Tourist attractions Israel | Shops Israel
    birthright Israel
    Haaretz.com, the online edition of Haaretz Newspaper in Israel, offers real-time breaking news, opinions and analysis from Israel and the Middle East. Haaretz.com provides extensive and in-depth coverage of Israel, the Jewish World and the Middle East, including defense, diplomacy, the Arab-Israeli conflict, the peace process, Israeli politics, Jerusalem affairs, international relations, Iran, Iraq, Syria, Lebanon, the Palestinian Authority, the West Bank and the Gaza Strip, the Israeli business world and Jewish life in Israel and the Diaspora.
    © Copyright  Haaretz. All rights reserved