the dollar exchange rate
The dollar is trading for 3.87 NIS, the rate at which it was traded before the outbreak of Operation Swords of Iron. The euro is also softening and is trading for 4.13 NIS, the highest rate compared to the rate at which it was traded before the war.
The Dollar Rate
For the first time since the beginning of the war, the exchange rate between the shekel and the dollar fell below the value it was at on October 7th, and currently stands at approximately 3.84 shekels per dollar.
The Dollar Continues to Soar
The dollar is trading at 3.87 shekels, and the euro is trading at 4.05 shekels. Yesterday, the OECD organization commented on Israel's economy and recommended canceling the subsidies for yeshiva students
The Dollar Continues to Rise
Following the Knesset Speaker's speech and his statement that the Knesset will not accept its depreciation, the dollar has surged and reached a level of 3.85 NIS. In parallel, the Euro has also risen and is trading at 4.12 NIS
The Dollar Reacts
Following the publication of the coalition's proposal to freeze the legal reform and leave the committee for the selection of judges, the dollar recorded a drop and stood at 3.779 NIS, after the reports of disagreements it returned to trading around 3.80 NIS
The Dollar Rises
Despite credit rating agency Fitch's forecast to maintain Israel's credit rating, the dollar rose this morning and traded around 3.77 shekels, reaching a three-year high since the outbreak of the COVID-19 pandemic in 2020.