The Israeli shekel strengthened in afternoon trading Wednesday, with the Bank of Israel fixing the representative dollar rate at 2.995 shekels, a drop of 0.66% that pushed the dollar back below the symbolic 3-shekel threshold. The euro fell 0.46% to a fixing of 3.420 shekels.
01 · THE DISPATCH
The dollar has fluctuated around the 3-shekel level in recent weeks, crossing above and below the threshold multiple times, as The Zioneer has reported. Wednesday's fixing brings the dollar back below the symbolic level. The euro also declined against the shekel. The Bank of Israel's daily fixing provides the official reference rates.
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