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Ongoing Story· Day 52

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

26 developments

Al-ShamsEconomy

Dollar Rises Against Shekel; Most Major Currencies Gain

Translated & summarized from Al-Shams by baba

CommunityNeutral tone

Arabic · Sole source

The US dollar closed at 3.1121 shekels on Thursday, October 22, 2026, a slight increase from the Bank of Israel's official rate of 3.107 shekels. Seven out of eight major currencies, including the Euro and British Pound, also saw gains against the shekel. The Japanese Yen experienced the largest rise, while the Egyptian Pound was the only currency to depreciate. Banks and exchange offices will set their own rates based on these figures.

The story in 5 lines · by baba

  • The US dollar closed at 3.1121 shekels in the market on Thursday, October 22, 2026.
  • The Bank of Israel's official rate for the dollar was 3.107 shekels, a 0.518% increase.
  • Seven of eight major currencies appreciated against the shekel on Thursday.
  • The Japanese Yen saw the largest increase, while the Egyptian Pound declined.
  • Official currency fixings are published daily, except for weekends and holidays.
Dollar Rises Against Shekel; Most Major Currencies Gain
Editorial illustration generated by baba News, not a photograph of the event.

The US dollar reached 3.1121 shekels in the foreign exchange market at its last closing price of 23:00, marking a 0.05% increase, according to Investing.com data. Meanwhile, the representative rate published by the Bank of Israel on Thursday, October 22, 2026, was 3.107 shekels, a 0.518% rise from the previous day's fixing. The difference between the market and official rates was approximately 0.005 shekels. The official rate is published once daily, while the market rate fluctuates throughout trading sessions. Live market prices for the Euro and British Pound were unavailable this morning, so their representative rates were used. The representative rates for other currencies on October 22, 2026, with their daily changes, were: the Euro at 3.4816 shekels (+0.271%), the British Pound at 4.1562 shekels (+0.34%), the Jordanian Dinar at 4.3825 shekels (+0.521%), the Swiss Franc at 3.7805 shekels (+0.813%), the Japanese Yen (per 100 Yen) at 1.9794 shekels (+1.134%), the Canadian Dollar at 2.2137 shekels (+0.582%), and the Egyptian Pound at 0.0562 shekels (-1.056%). Seven of the eight listed currencies appreciated against the shekel in Thursday's fixing, with the Japanese Yen showing the largest increase and the Egyptian Pound being the only currency to decline. The next official fixing is expected on the following business day, as no fixings are issued on Saturdays or holidays. Banks and exchange offices apply their own rates above these official figures.

Al-ShamsArab · Nazareth

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