Shekel strengthens against dollar and euro

December 20, 2011 11:46


Dear Reader,
As you can imagine, more people are reading The Jerusalem Post than ever before. Nevertheless, traditional business models are no longer sustainable and high-quality publications, like ours, are being forced to look for new ways to keep going. Unlike many other news organizations, we have not put up a paywall. We want to keep our journalism open and accessible and be able to keep providing you with news and analyses from the frontlines of Israel, the Middle East and the Jewish World.

As one of our loyal readers, we ask you to be our partner.

For $5 a month you will receive access to the following:

  • A user experience almost completely free of ads
  • Access to our Premium Section
  • Content from the award-winning Jerusalem Report and our monthly magazine to learn Hebrew - Ivrit
  • A brand new ePaper featuring the daily newspaper as it appears in print in Israel

Help us grow and continue telling Israel’s story to the world.

Thank you,

Ronit Hasin-Hochman, CEO, Jerusalem Post Group
Yaakov Katz, Editor-in-Chief


The shekel is strengthening against both the dollar and the euro Tuesday in inter-bank trading today. The shekel-dollar exchange rate is down 0.26%, compared with yesterday's representative rate, to NIS 3.787/$ and the shekel-euro exchange rate fell by 0.11% to NIS 4.93/€.

On world markets, the dollar is trading steadily against the euro at $1.3/€, and trading against the yen at ¥78/$.

Monday night, after it appeared that the meeting of EU finance ministers deadlocked, the finance ministers announced that they would transfer €150 billion to the IMF in bilateral loans. This comes after the UK announced earlier yesterday that it would not participate in the program.

Germany will publish its December CPI results Monday, which is expected to rise 0.1%. The German IFO business index will also publish its results today, which is expected to reach 106.2 points. The German Confidence Index is expected to reach 5.5 points.

Join Jerusalem Post Premium Plus now for just $5 and upgrade your experience with an ads-free website and exclusive content. Click here>>

Related Content

Breaking news
October 15, 2018
Rivlin at the Knesset: Our complex views is what bind us together