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Story summary
- The Israeli shekel strengthened to its highest level since the mid-1990s.
- This appreciation is driven by solid foreign investments and military successes, and foreign investment in Israel's tech sector remains robust.
- For consumers, the stronger shekel lowers import costs and inflation, while exporters face pressure from a 15% US tariff.
- Manufacturers are urged to increase efficiency or relocate operations to mitigate revenue and job impacts.
