The shekel has surged to its strongest level against the dollar in over three years, reaching 3.28 per dollar ahead of the Sukkot holiday. This development is welcomed by Israeli travelers and importers, as it lowers the cost of travel and imported goods. However, exporters and manufacturers are sounding the alarm, warning that the strong shekel erodes their revenues and threatens jobs, especially for companies paid in foreign currencies. Industry leaders are calling on the government and central bank to intervene and support affected sectors, as the currency shift coincides with existing challenges from global tensions and declining demand. While consumers may eventually benefit from lower prices, experts caution that the effects will take time to materialize.