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Ongoing Story· Day 34

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

15 developments

Al-ShamsEconomy

Dollar Edges Up Against Shekel to 3.06 on Monday Morning

Translated & summarized from Al-Shams by baba

CommunityNeutral tone

Arabic · 2 newsrooms covering

Originalسعر الدولار يرتفع قليلًا أمام الشيكل إلى 3.06 شيكل صباح الاثنين في السوق

The story in 4 lines · by baba

  • Dollar rose to 3.0629 shekels against the Israeli currency on Monday.
  • Bank of Israel's representative rate remained at 3.06 shekels.
  • Market rates fluctuate, while the representative rate is set daily.
  • Previous day's rates for other major currencies were also listed.
Dollar Edges Up Against Shekel to 3.06 on Monday Morning
Editorial illustration generated by baba News — not a photograph of the event.

The U.S. dollar saw a slight increase against the Israeli shekel on Monday, October 5, 2026, reaching 3.0629 shekels at 6:27 AM. This represents a 0.31% rise from the previous session's close, according to Investing.com data. The Bank of Israel's representative rate remained at 3.06 shekels, a figure set on Friday, October 2, when the dollar had fallen 0.65% from the preceding day. The minor discrepancy between the market and representative rates is due to the market price fluctuating throughout the day, while the representative rate is published once daily. The market rate reflects the current morning's movement, whereas the representative rate shows the last official setting by the Bank of Israel. Data for other currencies on October 2 included the euro at 3.4419 shekels (-1.17%), the British pound at 4.0407 shekels (-0.97%), the Jordanian dinar at 4.3159 shekels (-0.65%), the Swiss franc at 3.6921 shekels (+0.35%), the Japanese yen (100 yen) at 1.9414 shekels (-0.16%), the Canadian dollar at 2.1496 shekels (-0.62%), and the Egyptian pound at 0.0585 shekels (-1.35%). Live market prices for the euro and British pound were not available on Monday. Banks and exchange offices set their own rates above these figures, with buying and selling prices differing. The next representative rate will be published on the following business day, as it is not issued on Saturdays or holidays.

Al-ShamsArab · Nazareth

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