The Israeli shekel weakened against major currencies in Thursday afternoon trading, with the Bank of Israel fixing the representative dollar rate at 3.073 shekels, up 0.49%, and the euro at 3.524 shekels, up 1.16%, according to N12.
The shekel continued its recent weakening trend on Thursday, with the dollar rising above 3.07 shekels for the first time in recent weeks. The euro saw a sharper jump, climbing 1.16% to 3.524 shekels. The shekel has been under pressure amid ongoing geopolitical tensions, as The Zioneer has reported in previous bulletins. The Bank of Israel's daily fixing reflects the currency's decline in afternoon trading.
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