US dollar plummets
צילום: Index Open
US dollar drops below NIS 4
Tel Aviv Stock Exchange closes with gains. Dollar continues to fall, losing 0.822%; exchange rate set at NIS 3.98, completing 8% drop in two months. TA-25 Index up 0.38%, TA-100 climbs by 0.57%
The Tel Aviv Stock Exchange closed with gains Monday.
The TA-25 Index was up 0.38% to 1,150.19 points, the TA-100 Index climbed 0.57% to 1,116.60 points, and the Tel-Tech Index gained 0.62%, reaching 438.23 points.
Some NIS 1.58 billion (about $396 million) was traded on the market Monday.
The US dollar continued to drop, losing 0.822%. Its exchange rate was set by the Bank of Israel at NIS 3.98, completing an 8% drop in two months. This was the first time since May that the dollar dropped bellow NIS 4.
The euro lost 0.388% and its exchange rate was set at NIS 5.6677.
