Shekel

UBS expects the value of the Israeli shekel to rise against the US dollar, anticipating a decrease in the geopolitical risk premium.The shekel briefly surpassed 3.80 against the dollar due to recent tensions between Iran and Israel, as well…

The shekel is strengthening considerably against the US dollar. The shekel-dollar rate is currently 3.7612/$, down 1.49% from the representative rate of NIS 3.818 set last Friday. The main reason for the fall in the…

The shekel has been weakening today against the world's major currencies in volatile trading. This afternoon the Bank of Israel set the shekel-dollar exchange rate up 0.913% at NIS 3.794/$ and set the shekel-euro rate…

The shekel has been stronger today against the world's major currencies in volatile trading. The Israeli currency appreciated strongly this morning but gave up much of the gains, after today's representative rate was set,…

The shekel is depreciating sharply today against the world's major currencies. This afternoon, the Bank of Israel set the representative shekel-dollar rate up 0.928% from Monday, at NIS 3.697/$, and the representative…

The shekel is gaining strongly against the world's major currencies, especially the US dollar, after the US Federal Reserve kept the interest rate unchanged at 5.5% yesterday. In afternoon inter-bank trading, the shekel…

The shekel is continuing to lose ground against the world's major currencies. In volatile forex trading, the shekel has lost 2.5% against the US dollar and euro so far this week. In early afternoon inter-bank…

The shekel is gaining strongly after the Bank of Israel left the interest rate unchanged at 4.5% on Monday despite the expectations of many that there would be a 0.25% cut. …

Israel's forex market has been stable since the start of 2024, and there was no volatility even after publication of Israel's dire growth figures for the fourth quarter of 2023. The shekel even strengthened on Friday by…

Israel's forex market won't open until Monday morning when the start of trade will reflect the market's reaction to the downgrade of Israel's credit rating by Moody's on Friday night. On Friday, ahead of the announcement,…