The Israeli shekel weakened moderately against major currencies in Monday afternoon trading. The Bank of Israel set the representative dollar rate at 2.966 shekels, up 0.30%, while the euro rose 0.32% to a fixing of 3.399 shekels, according to the daily foreign-exchange fixing.
The shekel edged lower on Monday, with the dollar climbing 0.30% to a representative rate of 2.966 shekels and the euro adding 0.32% to 3.399 shekels, according to the Bank of Israel's daily fixing. The move follows a period of mixed trading in which the shekel has fluctuated between strengthening and weakening against the dollar over the past two weeks, amid ongoing regional security tensions and market reactions to diplomatic developments regarding Iran. No specific new catalyst was cited in the exchange-rate report. The shekel remains below the psychologically significant 3-shekel level it briefly approached earlier this month.
2 developments
Source and signal
- Internal intake