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1 0 Tag Archives: Israel
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Shekel strengthens further against dollar

The shekel has strengthened sharply against the US dollar following the disappointing jobs figures released in the US on Friday. The representative shekel-dollar rate was set 0.45% lower today, in comparison with Thursday’s rate (the last time representative rates were set before the start of the Passover holiday), at NIS 3.956/$ , and […]

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April 6, 2015
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Shekel-dollar rate sinks

The local foreign exchange market has given its first reaction this morning to last week’s disappointing US jobs report. The The shekel-dollar exchange rate is currently down 0.9% in comparison with Thursday’s representative rate (the last time representative rates were set before the start of the Passover holiday), at NIS 3.9203/$ , while […]

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April 6, 2015
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Rate decision sends shekel-dollar below NIS 4/$

The Bank of Israel’s decision to leave its key lending rate unchanged for April at 0.1%, and to refrain from a quantitative easing program, at least for the time being, has sent the shekel-dollar rate tumbling to below NIS 4. RELATED ARTICLES […]

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Shekel mixed as rate decision tensely awaited

As the market awaits the Bank of Israel’s interest rate decision for April, the shekel has had a mixed opening against the major currencies this week. The shekel-dollar rate is currently down 0.4% in comparison with Friday’s representative rate, at NIS 4.0368/$ , while the shekel-euro rate is up 0.64%, at NIS 4.3562/€. […]

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Shekel weakens against dollar after February CPI

The shekel continues to weaken against the US dollar, following the release of the Consumer Price Index reading for February yesterday, which showed a surprise 0.7% drop. The shekel-dollar rate has risen by 0.38% this morning, in comparison with Friday’s representative rate, to NIS 4.0302/$ . The shekel-euro rate is down by the […]

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Shekel-euro rate continues to slide

The shekel has strengthened against the major currencies this morning. The shekel-dollar rate, which broke through the NIS 4/$ barrier yesterday, has retreated slightly, by 0.28% compared with yesterday’s representative rate, to NIS 4.0058/$ , while the shekel-euro rate continues to slide, and is down 0.95%, at NIS 4.328. On world markets, […]

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March 10, 2015
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The Ticker / Dollar, euro surge further following Bank of Israel’s rate cut

Both the U.S. dollar and the euro strengthened further against the shekel on Tuesday after the Bank of Israel announced a cut to its base interest rate on Monday from 0.25% to 0.1%, carried out in part to lower the value of the shekel. Tuesday, the representative rate of the dollar was set at 3.952 […]

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February 25, 2015
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Shekel weakens at opening

The shekel has weakened against the US dollar and the euro at the start of trading this week on the foreign exchange market. The shekel-dollar rate is up 0.8% in comparison with Friday’s representative rate, at NIS 3.9452/$ , and the shekel-euro rate is up 0.28%, at NIS 4.5619/. Sentiment towards the shekel […]

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January 19, 2015
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Shekel opens stronger

The shekel has strengthened against the US dollar at the opening of trading this week on the foreign exchange market. The shekel-dollar rate is down 0.49% in comparison with Friday’s representative rate, at NIS 3.9387/$ . The shekel is also a little stronger against the euro. The shekel-euro rate is currently down 0.1%, […]

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January 12, 2015
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FXCM: Shekel unlikely to break NIS 4/$ barrier in 2014

The shekel is flat against the dollar and weaker against the euro inter-bank trading this morning. The shekel-dollar exchange rate is up 0.06% against the dollar at NIS 3.947/$ and 0.16% up against the euro at NIS 4.881/. Yesterday, the Bank of Israel set the shekel-dollar representative exchange rate at NIS 3.944/$ , […]

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