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Israel's Economy Thrives Amid War; Shekel Soars

3/24/2026

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Story summary
  • Israel's economy remains robust, delivering strong performance despite two years of war.
  • The shekel trades at over NIS 3 per dollar, up from about NIS 3.8 before the war and is described as "the strongest currency in the world."
  • The strength reflects investor confidence, defense contracts, natural gas exports, and a booming high-tech sector.
  • With a skilled workforce, Israel's economy is likely to remain attractive to global investors.