Shekel weakens to 3-month low against dollar, representative rate at 3.061

The shekel weakened against the dollar in afternoon trading Wednesday, with the Bank of Israel's representative rate rising 0.39% to 3.061 shekels — a more than three-month low, according to N12. The euro rose 0.28% to 3.491 shekels.

The Israeli shekel weakened to a more than three-month low against the US dollar in Wednesday afternoon trading, with the Bank of Israel fixing the representative dollar rate at 3.061 shekels, up 0.39%. The euro fixed at 3.491 shekels, a 0.28% increase. The 3.061 level is the weakest since early April, according to N12. No specific catalyst was cited in the report.

• Developing15:48 · 2 JulShekel weakens, dollar climbs past 3 shekels to new representative rate of 3.002
• Strong15:31 · 29 JunShekel strengthens, dollar dips back below 3 shekels to 2.979

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