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Gaza optimism lifts shekel to four-month strongest against dollar

Reports of a potential Gaza ceasefire agreement and Hamas relinquishing authority have boosted the shekel and pushed the Tel Aviv Stock Exchange to near record levels. The shekel is strengthening against the US dollar and euro. The Tel Aviv 35 Index is currently close to its record high. The Biden administration is reportedly close to a cease-fire deal that would release Israeli hostages, provide humanitarian aid to Palestinians, and establish an interim governance plan for Gaza.

Original article source: https://en.globes.co.il/en/article-gaza-optimism-lifts-shekel-to-four-month-strongest-against-dollar-1001484079
Source Id: 8220028807

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