US Dollar Trades at 3.06 Shekels as Israel Awaits New Exchange Rates
Translated & summarized from Al-Shams by baba
The story in 5 lines · by baba
- US dollar trading at 3.06 shekels.
- Bank of Israel last updated rates October 2.
- Euro at 3.4419, Pound at 4.0407 shekels.
- Previous rates showed declines for major currencies.
- New rates expected this afternoon.
The Bank of Israel's representative exchange rates, last updated on October 2, set the US dollar at 3.0600 shekels. The euro was valued at 3.4419 shekels, and the British pound at 4.0407 shekels. In the previous update, the dollar had fallen by 0.649%, the euro by 1.169%, and the pound by 0.973% against the shekel. The Bank of Israel does not publish representative exchange rates on Saturdays and Sundays. New rates are typically released in the afternoon on weekdays, meaning Friday's rates remain the reference point for Monday mornings. While these representative rates serve as a benchmark, actual rates offered by banks and exchange bureaus may differ due to buy-sell spreads and commissions.
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