Despite the war the cycle strengthens more forex trading. This afternoon The Bank of Israel set the rate of Sheokel-Dollar at 1.75% of NIS 3.537 / $ and the Shekel-Euro rate is set to NIS 4.418 / €.
In late afternoon the cycle rate the dollar has fallen in an additional 1.13% of NIS 3.513 and the Shekel-euro rate fell to 1.3% of NIS 4.368 / €.
The Tuval Investment House CEO Ori Tuval said, “It is possible to see yesterday, as opposed to the prospects of stock stock. Result: a deep and long-term change in the balance of Israeli threats.”
“Although it is a process involving economic challenges in the short term, long-term consequences can be a new east-end, which is at the end of the campaign, which is not in a real danger and without terrorism and without terrorism.”
“The importance of the economy of such scenario is important: strengthening the local economy and opening the door to a long-term development for a new Israeli valley – and preparing the preparation for the preparation of Israeli security.”
Mizrani Tefahot Bank Economist Ronen Menachem thought that the cycle was impressive as it was appreciated against the dollar and the same amount. “It is also impressed with the May Consumer Price Index, lower than expected and itself can turn off a rate of interest.”
“However, in my opinion, this is the result of the high volatility that has characterized the Israeli currency in recent days. As evidence, calculating a week back, this is still a 2% depreciation in the shekel rate against Either, the shekel is Similar to its level a month ago. “
“Part of the Shekel’s recovery this morning is related to futures on us stock markets, but most of the story is local. Another factor may be related to the favorable impression of non-residents in Israel Yesterday, even though it was the first time there was trading Since the outbreak of the war. “
“I estimate that the change against the dollar (at least) will continue even with the run of US interests in time, the progress expressed at this time.”
Published in Globes, Israel News in News – en.globes.co.il – On June 16, 2025.
© Copyright in Globes Publisher Itonut (1983) Ltd., 2025.
