Shekel

The foreign exchange market in Israel has witnessed severe fluctuations over the past eighteen months, due to political uncertainty in Israel and then the war. The shekel, whose value had already fallen dramatically…

Source: Coin Journal In a strategic move to revolutionize the financial landscape, the Bank of Israel is moving forward with the development of the central bank digital currency (CBDC), the digital shekel.…

The shekel is gaining strength today against the US dollar and the euro, and is at its strongest levels against the dollar since early April. In the afternoon interbank session, the shekel was down 0.73% against the…

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…