The greenback is benefiting from the strong U.S. economy, while the shekel is being stung by expectations of another rate cut.
Eran Azran, Eran Azran
Dollar strengthens to two-year high against shekel; Brainsway in sales pact with French firm.
Gas will be delivered via pipeline originally built to transport Egyptian gas to Israel.
Holding company names new CEO as it releases more details of restructuring plans.
Mobileye shares badly dented after Tesla announcement; Underwriters exercise option for more Israel Chemicals shares; MySizeId eyes New York listing; Elbit Systems and RSL win orders
SodaStream plunges on disappointing sales; Clal resolves dispute with Hyperion; Shares trade sideways ahead of holiday.
Ceragon wins $50 million order; Frutarom to buy Peruvian company; Itamar Medical sees resurgent growth; Tel Aviv shares end mixed on lower world markets.
Kardan NV offers bondholders debt plan; NeuroDerm files for Wall Street IPO; Spacecom signs $75m pact with gov’t; TA-25 stays in record-high territory.
Economists ascribe a 7% decline in the currency’s value to local and global factors that won't be going away quickly.
SodaStream said to be in acquisition talks with British fund; Settlement offered in IDB dividend suit; Kardan NV agrees to debt talks with bondholders; TA-25 rises in last-minute move.