Israel's currency


Israeli shekel strongest for two years against the US dollar

Bank of America published a forecast about the Israeli currency. The bank's analysts expect the shekel to continue to strengthen if the ceasefire agreements are fully implemented.

 US and Israeli currency (1 dollar bills and 1 shekel coins respectively) are seen in this illustrative photo of money.

Shekel weakens ahead of European rate call

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.

 New Israeli Shekel banknotes are seen in this picture illustration taken November 9, 2021