Economy · Full coverage
Shekel Weakens as Dollar Rises and Israel Posts First Current Account Deficit Since 2012
How 1 Israeli newsrooms covered this story — translated into English and compared side by side.
First reported by Calcalist · 4 days ago
What happened
The shekel weakened as the dollar rose above 3.98 shekels and the euro approached 3.41. Separately, Israel’s current account fell into a $0.1 billion deficit in Q1 2026, its first since 2012, even as foreign direct investment hit a record $14.1 billion.
- 01The dollar rose 0.4% to above 3.98 shekels, and the euro neared 3.41.
- 02Markets were driven by tech-stock losses, U.S.-Iran talks, and geopolitical headlines.
- 03Israel posted a $0.1 billion current account deficit in Q1 2026, the first since 2012.
- 04Foreign direct investment surged to a record $14.1 billion in the same quarter.
- 05The deficit came from a $6.7 billion primary income gap, not weak trade.
Summary translated & synthesized from the sources below by baba. Read each original for the full report.
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