The shekel is buying and selling right this moment at its weakest towards the greenback since July 2021, as buyers rush to the secure haven US foreign money.
The shekel is weakening right this moment towards the greenback and strengthening towards the euro. In afternoon inter-bank buying and selling, the shekel alternate charge is up 1.30% towards the greenback at NIS 3.287/$ and down 0.46% towards the euro at NIS 3.561/€.
On Friday, the Financial institution of Israel set the consultant shekel-dollar charge up 0.154% from Thursday, at NIS 3.245/$, and the consultant shekel-euro charge was set 0.365% decrease at NIS 3.577/€.
The shekel is buying and selling right this moment at its weakest towards the greenback since July 2021, as buyers rush to the secure haven US foreign money, and the Russian invasion of Ukraine grinds on amid spirited resistance and heavy lack of life. Oil costs have reached $139 per barrel for Brent crude because the Western allies contemplate a ban on imports of Russian oil.
Inventory markets are down sharply right this moment with the Tel Aviv 35 Index down 1.93%, in early afternoon buying and selling, at 1907.28 factors.
Printed by Globes, Israel enterprise information – en.globes.co.il – on March 7, 2022.
© Copyright of Globes Writer Itonut (1983) Ltd., 2022.
Shekels Picture: Shutterstock Vladerina32
