Share on facebook Share on twitter. As one of our loyal readers, we ask you to be our partner. Jewish terror suspects allegedly stoned Palestinian woman to death.
Trump's peace plan delayed 'for several months'. Israeli schools bring on the clowns. Natalie Portman starts reading circle in honor of Amos Oz.
Subscribe for our daily newsletter. Tobacco ad ban a rare legislative accomplishment. Caroline Glick speaks out about her decision to join Shaked, Bennett. New IDF head wanted Assad assassinated. Liberman told PA details of statehood in Trump's peace plan. Mandelblit likely to announce indicting PM before election. However, mostly banknotes are used in world trading. One Israeli shekel is further divided into ago rot. The Israeli shekel is available in the form of banknotes and coins.
These have the sign of shekel on it and are colored. However, before, the economy was so unstable that the Israeli shekel had to be replaced by the new Israeli shekel. This instability was due to the lack of interest of the government and the poor policies of the bank of Israel. Although, after the introduction of the new Israeli shekel their exports boosted up. The major industries are metal products, biomedical equipment, transport equipment, food, and chemicals.
The signing of the free trade agreement also helped the economy rise in the world market. The inflation rate is currently low compared to before, where the devaluation increased to its maximum.
It also faced problems of negative payment balance which also got brought back to positive figures recently. The Israeli shekel is now the freest trading currency and can be easily converted into different currencies.
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