Economics, Currency
Calcalist: Dollar drops to 3.59 NIS, Euro to 3.88 NIS
Meanwhile, JP Morgan informed its clients that the Bank of Israel maintained the current interest rate due to the government's expansionary budget policy.
According to Calcalist, the dollar reached its lowest exchange rate with the shekel since July 2023, and is now worth 3.585 NIS. The Euro has also dropped against the shekel to 3.88 NIS.
Meanwhile, JP Morgan informed its clients that the Bank of Israel's decision to maintain the current interest rate was due to the Israeli government's expansionary budget policy, driven by the rising cost and needs of the war.
Join our newsletter to receive updates on new articles and exclusive content.
We respect your privacy and will never share your information.
Stay Connected With Us
Follow our social channels for breaking news, exclusive content, and real-time updates.
WhatsApp Updates
Join our news group for instant updates
Follow on X (Twitter)
@JFeedIsraelNews
Follow on Instagram
@jfeednews
Never miss a story - follow us on your preferred platform!