shekel

During July, the Israeli shekel strengthened 5.1% against the basket of the world's major currencies.

SHEKEL provides an astonishing, and growing, set of services for people with intellectual as well as physical disabilities throughout Israel.

On the TASE, the Tel Aviv 35 Index is currently 2.13% higher at 1992.53 points and the Tel Aviv 125 Index is 1.86% higher at 2077.36 points.

The Bank of Israel set the representative shekel-dollar rate down 0.284% from Tuesday, at NIS 3.160/$, and the representative shekel-euro rate was set 0.098% higher at NIS 3.575/euro.

The US dollar has been sliding today against all the world's major currencies after rallying over the past month due to comments from Fed chairman Jerome Powell about tightening monetary policy.

The shekel is weakening today against the dollar and strengthening against the euro.

The shekel has been depreciating over the past week as international stock markets fall and Israeli institutional investors are forced to sell shekels and buy foreign currency.

The shekel-dollar rate is currently down 0.75% in comparison with yesterday's representative rate, at NIS 3.114/$. The shekel-euro rate is down 0.5%, at NIS 3.5149/euro.

The shekel last week reached a 26-year high versus the dollar and 20-year peak against the euro.

The shekel has gained 4 percent so far this year, making it one of the top global currency performers of 2021.