Israel's currency

Israeli shekel strongest for two years against the US dollar

Bank of America published a forecast about the Israeli currency. The bank's analysts expect the shekel to continue to strengthen if the ceasefire agreements are fully implemented.

|ByGLOBES/TNS
US and Israeli currency (1 dollar bills and 1 shekel coins respectively) are seen in this illustrative photo of money.
New Israeli Shekel banknotes are seen in this picture illustration taken November 9, 2021

Shekel weakens ahead of European rate call

The Bank of Israel set the representative shekel-dollar rate down 0.284% from Tuesday, at NIS 3.160/$, and the representative shekel-euro rate was set 0.098% higher at NIS 3.575/euro.

|ByGLOBES/TNS