Economy
Dollar strengthens against shekel to about 3.17 in morning trading
In the morning market snapshot, the dollar traded around 3.171 shekels and the euro around 3.551, according to the 08:40 report. The dollar approached its highest level since late March as the shekel weakened against other currencies too. These figures reflect publication time, not new representative exchange rates or live prices. Illustrative photo of dollars: Reuven Castro.
· Source: Walla. Illustrative photo of dollars: Reuven Castro.
According to Walla's market snapshot published at 08:40, the dollar traded around 3.171 shekels and the euro around 3.551 as the shekel weakened.
The report describes the dollar near its highest level since late March, after trading around 2.811 shekels during the spring. It also reports a decline in the global dollar index.
The article's analysis attributes the shekel's weakness to political uncertainty, institutional hedging adjustments and interest-rate differentials. These are explanations offered in the report. The figures reflect publication time, not new representative rates or a live market quote.
Source: Walla
