Tag: Dollar
Shekel weakens as Russia-Ukraine crisis intensifies
The Israeli shekel weakened on Tuesday as investors sought safe-haven currencies, particularly against the U.S. dollar, as the Russian-Ukraine crisis intensifies, according to Globes.
“The shekel is weakening against the dollar after reports that Russian troops...
US dollar hits 25-year low against Israeli shekel
The U.S. dollar hit a 25-year low against the shekel on Tuesday, officially dropping below the benchmark that the Bank of Israel had hoped to avoid crossing. The euro also dropped sharply against the...
Shekel comes down a bit from 25-year high against dollar
The Israeli shekel slightly weakened against the U.S. dollar on Thursday as the dollar amounted to NIS 3.12, after hitting a 25-year high earlier in the week.
The shekel had reached a peak at NIS...
Shekel hits highest mark against dollar in 10 months
The Israeli shekel is increasing in value against the dollar and euro, with the dollar equal to less than 3.2 shekels this week—the first time since January it fell below 3.2.
“Excessive surplus supply of...
US dollar in freefall against Israeli shekel
Although the U.S. dollar rallied somewhat against the shekel on Monday morning—hitting NIS 3.426 after plummeting to NIS 3.23 on Friday—the current exchange rate marks the lowest point for the United States currency since...