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Ongoing Story· Day 31

Dollar Surges to 3.03 Shekels Amid Iran Tensions and Interest Rate Cut

10 developments

Dollar and Euro Strengthen Against Israeli Shekel in Early October Trading

Translated & summarized from Al-Shams by baba

CommunityNeutral tone

Arabic · Sole source

Originalالدولار يرتفع إلى 3.08 شيكل واليورو فوق 3.48 شيكل

The story in 5 lines · by baba

  • Dollar and euro rose against the Israeli shekel on October 1, 2026.
  • Dollar reached 3.08 shekels, up 0.555% from the previous rate.
  • Euro climbed to 3.4826 shekels, a 0.213% increase.
  • British pound also saw an increase against the shekel.
  • These gains followed a recent decline in major currencies versus the shekel.
Dollar and Euro Strengthen Against Israeli Shekel in Early October Trading
Editorial illustration generated by baba News — not a photograph of the event.

The U.S. dollar reached 3.08 shekels on October 1, 2026, marking a 0.555% increase from its previous rate of 3.063 shekels, according to representative rates from the Bank of Israel. The euro also saw a rise, climbing to 3.4826 shekels from 3.4752 shekels, a 0.213% increase. The British pound appreciated by 0.498%, reaching 4.0804 shekels compared to the prior rate of 4.0602 shekels. These currency movements follow a period of decline for major currencies against the shekel on September 30, with the dollar regaining strength at the start of October trading. The Bank of Israel publishes representative exchange rates daily for trading days, serving as a benchmark for financial and economic transactions in the local market.

Read the original at Al-Shams
Al-ShamsArab · Nazareth

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