Shekel Strength

In News Surrounding Israel by Chris Katulka

Thanks to the growing Israeli economy, low unemployment, and virtually no inflation, the Israeli Shekel has become one of the strongest currencies in the world. The Shekel could continue to strengthen with the development of natural gas reserves off Israel’s coast and foreign investments continuing to pour into Israeli technology companies. 

Israel is such a young, vibrant country with only 9 million citizens, only about the size of New Jersey and is surrounded by enemies.  And yet somehow Israel’s currency remains stronger than the Euro, the British Pound, the Japanese Yen, and the Swiss Franc. God chooses the small things of the world to reveal His glory and power… and this is just another testimony to God’s faithfulness. 

About the Author
Chris Katulka

Chris Katulka

Chris Katulka is host of "The Friends of Israel Today" radio program, an outreach of The Friends of Israel Gospel Ministry, Inc. He also assists in the North American Ministries department at FOI, is a Bible teacher, and a writer for Israel My Glory magazine.

Visit to listen to our weekly radio program, The Friends of Israel Today.