BREAKING NEWS

Shekel stable ahead of UN Palestinian statehood vote

By GLOBES/KOBY YESHAYAHOU

SEPTEMBER 21, 2011 12:46

The shekel was strengthening slightly in morning inter-bank trading on Wednesday.

The shekel-US dollar exchange rate was down 0.09 percent to NIS 3.678 to the dollar, and the shekel-euro exchange rate was down 0.17% to NIS 5.0037 to the euro, continuing Tuesday's trend ahead of the Palestinian application to the UN Security Council for full membership for Palestine on Friday.

On Tuesday, the Bank of Israel set the shekel-dollar representative exchange rate at 3.682/$, down 0.43% on the day before, and set the shekel-euro representative exchange rate NIS 5.045/€, down 0.15%.

In international markets, the dollar was trading at $1.371/€ against the euro and at ¥76.37/$ against the Japanese yen.

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