The shekel maintains its strong rebound against the US dollar, with the exchange rate down 0.68% at NIS 3.554/$. The shekel-euro rate is up 0.25% at NIS 3.704/€. The shekel initially lost ground against the dollar due to Trump's tariff demands, but gained strength after tariffs were postponed and due to Trump's plans for the US to annex Gaza.
image sourced from original article at https://en.globes.co.il/en/article-shekel-maintains-strong-rebound-against-dollar-1001501379Original article source: https://en.globes.co.il/en/article-shekel-maintains-strong-rebound-against-dollar-1001501379
Source Id: 8533380434
