Shekel

The war has made the foreign exchange market especially turbulent, even in relation to the volatility that we have become accustomed to in the past year. The shekel-dollar exchange rate closed at NIS 3.85/$ on Friday,…

On Friday morning, the shekel weakened slightly against the US dollar, as the market waited tensely for the scheduled speech by Hezbollah leader Hassan Nasrallah, and for indication whether Hezbollah would enter more…

After the shekel weakened to NIS 4.08/$ on Friday, a 6% depreciation since the start of the war, the Israeli currency has since reversed the trend and is appreciating strongly. In inter-bank trading this morning, the…

After reaching its weakest level in more than a decade, the shekel began to strengthen again against the US dollar this week. The shekel-dollar exchange rate fell below NIS 4/$, with the shekel appreciating by almost 3%.…

The shekel has opened the week stronger against the US dollar and against the euro even though the war against Hamas has moved up a gear as the IDF entered Gaza on Friday night. In inter-bank trading, the shekel-dollar…

Just two weeks ago, there were those who believed that in its forthcoming interest rate decision, due tomorrow (Monday), the Bank of Israel would raise its interest rate by a further 0.25%, from the current 4.75% to 5%.…

The shekel continued to depreciate over the weekend and has consolidated above the NIS 4/$ rate. On the foreign exchange market, the Bank of Israel set the representative shekel-dollar rate up 0.496% on Friday, at NIS…

The shekel has weakened above the NIS 4/$ threshold for the first time since April 2015. This afternoon, the Bank of Israel set the representative shekel-dollar rate up 0.529% from Friday, at NIS 3.990/$, and the…

The Tel Aviv Stock Exchange continues to recover gradually after plummeting on Sunday following the assault on southern settlements by Hamas. The Tel Aviv 35 Index is currently up 0.42%, at 1,756.69 points. The Real…

© Reuters. FILE PHOTO: The Bank of Israel building is seen in Jerusalem June 16, 2020. Picture taken June 16, 2020. REUTERS/Ronen Zvulun/File photo By Steven Scheer and Ari Rabinovitch JERUSALEM (Reuters) -The Bank of Israel said on…