The economy is recovering.
The TA-125 Index, the representative index of the local stock market, is back at 1,881 points, around the same level it was before the war – 1,858 points. It had dropped to 1,608 points shortly after the war began.
The TA-125 Index includes the stocks of the largest local companies traded on the stock market. The Index reflects the state of the Israeli economy and allows economists and companies to keep tabs on the financial situation here.
The shekel is also continuing to get stronger. It has continued to sit at its multi-year peak for two months while the dollar continues to go down. After being traded for 4.08 NIS, the dollar is now being traded for 3.61 NIS. The Euro has also gone down from 4.30 NIS at the beginning of the war to 3.99 NIS.
