The shekel strengthened sharply against the US dollar and euro in morning inter-bank trading, reaching its strongest level against the US currency in 30 months. Despite giving up some gains in afternoon trading, the shekel remained strong. Analysts attribute the shekel's strength to optimism in the stock market and a decrease in Israel's risk premium.
image sourced from original article at https://en.globes.co.il/en/article-shekel-at-30-month-strongest-against-the-us-dollar-1001513574Original article source: https://en.globes.co.il/en/article-shekel-at-30-month-strongest-against-the-us-dollar-1001513574
Source Id: 8737403589
