Shekel

Following the sharp depreciation of the shekel in the past few months, Deutsche Bank has come out with a recommendation against buying the Israeli currency, which it says may look cheap, but is not attractive. …

The Israeli currency is again weakening today. In morning inter-bank trading, the shekel-dollar rate is 1.11% higher at NIS 3.850/$, and the shekel-euro rate is 0.85% higher at NIS 4.125/€. Yesterday, the Bank of…

During Thursday’s session, the shekel- US dollar exchange rate reached NIS 3.78/$, and it continued to rise on Friday, with the representative rate being set at NIS 3.7930/$. The shekel-euro representative rate was set at…

The Tel Aviv Stock Exchange changed direction over the past week and the shekel was rising strongly. Since the beginning of the month, the Tel Aviv 35 Index is up 8% including 5.26% over the past two sessions while the…

The shekel rose sharply today against the dollar and stabilized against the euro. In the afternoon dealings between banks, the shekel exchange rate against the dollar decreased by 1.29%, at 3.618 shekels / dollar, and…

“I see 2023 as a transition year. Last year, we saw the world suffer from the shock of hyperinflation, completely shutting down China and its economy as well, and that created a supply chain crisis all over the world.…

The volatility in the foreign exchange market in Israel has been going on for a few months, and sharp changes in the representative rate of the shekel have become routine. Only yesterday, the Bank of Israel set the…

Investors remain cautious about the Israeli currency despite the suspension of a bill that could affect the independence of the Bank of Israel. The shekel was…

The foreign exchange market is volatile again today. The shekel weakened significantly against the euro, as its price is currently up by 1.36% from yesterday's representative price, at 3.9899 shekels/euro. Against the…

After strengthening by 2% against the dollar over the past few days, the shekel is starting to weaken slightly today against the dollar and against the euro. In inter-bank transactions in the afternoon, the shekel…