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
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