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After currency headwinds, Israeli tech welcomes a forex rebound (WIX:NASDAQ)

Jul 22, 2026, 5:48 AM ETWix.com Ltd. (WIX) Stock, CHKP Stock, ESLT Stock, INTC Stock, DOX Stock, MBLY Stock, TSEM StockMSFT, AMAT, TEVA, NVMI, NICE, CAMT, PANW, ISRA, VRNS, GOOGL, SEDG, ITEQ, IZRL, FROG, ZIM, MNDY, S, USD:ILSBy: Yoel Minkoff, SA News Editor
Tel Aviv financial district with futuristic skyscrapers, Israel, Middle East.

Tomasz Podolski/iStock via Getty Images

The sharp decline in the (USD:ILS) exchange rate has hammered Israeli high-tech companies and exporters over the past year. Revenues of these firms are in dollars, while their expenses are in shekels, weighing on profitability and their operations.

It also

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