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A stronger shekel has become a pressing problem for Americans building lives in Israel

JL;DR SUMMARY The strengthening of the Israeli shekel against the U.S. dollar is creating financial challenges for American immigrants in Israel and local nonprofits relying on foreign donations. A way out west there was a fella, fella I want to tell you about, fella by the name of Jeff Lebowski. At least, that was the handle his lovin' parents gave him, but he never had much use for it himself. This Lebowski, he called himself the Dude. Now, Dude, that's a name no one would self-apply where I come from. But then, there was a lot about the Dude that didn't make a whole lot of sense to me. And a lot about where he lived, likewise. But then again, maybe that's why I found the place s'durned innarestin'.

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Tags

ZionismReal EstateTourismBank Of IsraelHigh Tech SectorIsraeli EconomyCurrency ExchangeNonprofitsAmerican ImmigrantsShekel

Places mentioned

Tel Aviv, Central District, Israel
"But just weeks after leaving upstate New York, where he had been managing operations for a synagogue, he got a cruel reality check when he transferred his rent money from his American bank account to Western Union to pay his Tel Aviv landlord."
Jerusalem, Israel
"Aish Hatorah, the Orthodox outreach organization based in Jerusalem, announced last month that it had laid off several employees and twice delayed salary payments to staff amid funding shortfalls driven largely by the strengthening shekel."

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Cairo Item ID 83361
Cairo Source ID 42
Retrieved 2026-05-26 18:00:31 UTC
Curated 2026-05-26 19:00:31 UTC