Wix lays off 100
The Israeli website building platform is shedding 2% of its work force, with most of the layoffs abroad.
Shekel rally gains momentum
Leader Capital Markets: Without a sharp fall in the markets, or major geopolitical event, the shekel is expected to continue to strengthen and moderate inflation.
Forex reserves rise as shekel strengthens
The increase was the result of a revaluation, as the shekel appreciated during July, which increased the reserves by roughly $4.51 billion, the Bank of Israel reports.