The Israeli shekel strengthened sharply against major currencies in Tuesday afternoon trading, with the Bank of Israel fixing the representative dollar rate at 3.030 shekels, down 0.95%, and the euro at 3.490 shekels, down 0.95%, according to N12 financial reporter Lior Bakalo.
The shekel surged in Tuesday afternoon trading, reversing the prior session's weakness. On Monday the dollar had fixed at 3.059 shekels, up 0.07%. Tuesday's move returns the dollar below the 3.03 level, a recent trading range. The euro also declined, falling to 3.490 shekels. The representative rates are set daily by the Bank of Israel based on interbank trading.
Source and signal
A single-sourced dispatch is never rated Confirmed or Strong. Its Signal strengthens only when a second, independent source corroborates it.
- Open-source intake