Shekel has continued trading at its strongest level against the dollar since early 2023.
Late in the morning trading morning, Shekel is still winning against the US dollar and the euro. The SHEKEL-Us exchange rate in dollars decreased by 0.40 % at 3.535/$, and the Shekel-Euro rate decreased by 0.52 %, at 3.685/€.
Yesterday, on the foreign exchange market, the Bank of Israel set the Shekel-Dollar rate of 0.084 % from Monday, at 3.557/$ NIS, and the SEKEL-Euro rate was set by 0.231 % at 3.719/€ NIS.
Shekel has continued to trade at its strongest level against the dollar since early 2023, before the government tried to pay its judicial reform and then later in the war after Hamas's sudden attack on Israel.
“The leading currencies are constantly trading and trading in annual annual prices against Shekel, due to the progress of the first stage of the hostage deal. The dollar is trading at the minimum NIS 3.55-3.85 NIS /$ set that It has been recorded over the past year, with the most prominent developments in the foreign exchange market in recent weeks is about 2 % strengthening the euro and Steling by 4 % against the dollar.
“The medium and long -term predictions are still unchanged, which shekels are expected to continue in its important direction to strengthen it against the world's major currencies.”
It was published by Globes, Israel Business News – En.globes.co.il – on February 19, 2025.
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