Middle East • 2026-04-26 09:19

Brawny shekel threatens to knock out exporters, tech firms dependent on almighty dollar

Fast facts

  • Category: Middle East
  • Language: EN
  • Published: 2026-04-26 09:19 UTC
  • Sources: Times of Israel

The strengthening of the Israeli shekel has led to concerns among companies that rely heavily on US dollars. Without government intervention, these businesses may be forced to cut costs and lay off workers.

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