The Limited Times

The dollar continues to strengthen: the currency climbed and is now trading at NIS 3.87 | Israel Hayom

10/4/2023, 8:22:14 AM

Highlights: The dollar strengthened sharply against the shekel, mainly due to its strengthening worldwide and declines in stock exchanges. Since Wednesday morning, the US currency has risen by 0.7% and is now trading at NIS 3.8730. On weekdays, trading in the foreign exchange market is thinner, which may cause higher volatility in currency prices. This increase comes after the exchange rate rose by0.4% yesterday. It should be noted that on weekday, trading is thinner and this may lead to higher volatility.


The currency is currently trading at NIS 3.8730 • The euro strengthens by 0.6% to NIS 4.056 • On weekdays, trading in the foreign exchange market is thinner, which may cause higher volatility in currency prices

The dollar strengthened sharply against the shekel, mainly due to its strengthening worldwide and declines in stock exchanges. Since Wednesday morning, the US currency has risen by 0.7% and is now trading at NIS 3.8730.

The euro strengthened by 0.6 percent to NIS 4.056. It should be noted that on weekdays, trading in the foreign exchange market is thinner, which may cause higher volatility in currency rates. This increase comes after the exchange rate rose by 0.4% yesterday.

The dollar strengthens, photo: Reuters

Wrong? We'll fix it! If you find a mistake in the article, please share with us

Similar news: