The Bank of Israel has set the dollar exchange rate at 3.2170 shekels, a further decrease of 0.4%. Over the past two days, the dollar has fallen by 1.5%. This represents a new low for the dollar in three years and eight months. Additionally, the euro exchange rate dropped by 0.35% to 3.7230 shekels. The low exchange rates are creating difficulties for industrialists and exporters who are already demanding that the Bank of Israel intervene in trading and halt the decline of foreign currency rates against the shekel.
Bank of Israel sets dollar exchange rate: Down 0.4% to 3.2170 shekels
Gad Lior|
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