The Israeli shekel edged lower against major currencies on Monday afternoon. The dollar rose 0.30% to a representative rate of 2.966 shekels, while the euro gained 0.32% to 3.399 shekels, according to the Bank of Israel's daily fixing as reported by N12.
The shekel edged lower against the dollar and euro in Monday afternoon trading, following a period of mixed movement in recent weeks. The representative dollar rate rose 0.30% to 2.966 shekels — a modest increase from last week's levels, which saw the shekel strengthen against the greenback on several days. The euro added 0.32% to a fixing of 3.399 shekels. The moves come as markets continue to digest geopolitical developments and macroeconomic data, with no single catalyst cited in the brief report. As The Zioneer has noted in recent bulletins, the shekel has traded in a range between roughly 2.91 and 2.97 shekels to the dollar over the past two weeks, reflecting a market that remains sensitive to security headlines and broader risk appetite. The afternoon fixing is based on Bank of Israel data as published by N12. No immediate market commentary or further analysis was available.
2 developments
Source and signal
- Internal intake