Dollar Falls Against Shekel to 3.06 in Bank of Israel's Latest Representative Rate
Translated & summarized from Al-Shams by baba
The story in 5 lines · by baba
- Dollar falls to 3.06 shekels against the Israeli currency.
- Euro also declines, trading at 3.4419 shekels.
- Seven of eight major currencies weakened against the shekel.
- Egyptian pound and euro saw the largest drops.
- Swiss franc was the only currency to appreciate.
The U.S. dollar's exchange rate against the Israeli shekel dropped to 3.06 shekels, according to the representative rate published by the Bank of Israel on Friday, October 2, 2026. This represents a 0.65% decrease from the previous day. The euro also saw a decline, trading at 3.4419 shekels, down 1.17%. These were the latest official rates available as of Sunday morning, October 4, as the bank does not publish rates on Saturdays. Seven of the eight major currencies tracked by the Bank of Israel weakened against the shekel. The Egyptian pound experienced the largest drop at 1.35%, followed by the euro at 1.17%. The Swiss franc was the only currency to appreciate, rising by 0.35%. Business Portal confirmed the dollar's representative rate at 3.06 shekels, reflecting the 0.65% decrease. The article did not cite specific reasons for these currency movements, relying solely on the official figures. The next set of representative rates will be issued by the Bank of Israel on the upcoming business day. It is important to note that these are official representative rates, and actual rates applied by banks and exchange bureaus may differ.
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