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Home In Brief

Dollar rises to highest level against shekel since 2017

by  ILH Staff
Published on  08-21-2023 13:38
Last modified: 08-21-2023 13:38
Shekel falls to its lowest level versus dollar since JulyReuters/Nir Elias

New Israeli Shekel bills | File photo: Reuters/Nir Elias

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The US dollar rose Monday to 3.8039 against the Israeli shekel, its highest since 2017.

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The shekel has lost significant value since the beginning of last week, shedding 2% of its value against the US currency.

The euro too gained around 3% against the shekel since the beginning of August, with the exchange rate being NIS 4.1206 for one euro last week.

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