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Shekel maintains strong rebound against dollar

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Or Polia: The middle and long -term predictions remain the same, and Chekel is expected to continue an important strengthening trend for major currency in the world.


In the afternoon bank transaction, Chekel has maintained a strong rebound against US dollars. The exchange rate of Shekel-US dollars has decreased by 0.68 % in NIS 3.554/$, and the Shekel-Euro rate has increased by 0.25 % for NIS 3.704/€.

Yesterday, the Bank of Israel dropped a representative Cheskeldor rate by 0.859 % in NIS 3.578/$ from Monday, and the representative Chewkel Euro rate was set at 0.176 % lower for NIS 3.694/€ €.

Shekel has begun a week for the US President Donald Trump to surprise the global market and strengthen US currency for global currency. However, the dollar lost the ground after Trump postponed tariffs following a concession from the country. Shekel has been further boosted by Trump’s United States by plans to annexe to Gaza, and is now trading at a level that has not been seen since early 2023 before the Judicial Reform Program separated the country. Masu.

The Chair of Polia Financial Planning or Polia, “The middle and long -term predictions remain the same, and it is expected that Chekel will continue to have an important reinforcement tendency to major currencies in the world.”

Published from GLOBES, Israel Business News -en.globes.co.il- February 5, 2025.

© Copyright of Globes Publisher Itonut (1983) LTD., 2025.



Shekel Credit: ShutterStock Vladirina 32

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