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Shekel Weakens Against Dollar and Euro as Election Results Emerge
Summarized from Ynetnews by baba
CenterNeutral tone
The Israeli shekel weakened against the dollar and euro as election results began to be counted, reversing an earlier trend. The dollar rose about 2% from its election day low, returning to approximately 3.078 shekels, while the euro also approached its Monday rate. This shift occurred after exit polls were released and actual votes started arriving from ballot boxes.
The story in 5 lines · by baba
- The Israeli shekel weakened against the dollar and euro as election results were counted.
- The dollar rose approximately 2% from its election day low of 3.02 shekels.
- The shekel had previously strengthened against foreign currencies on election day.
- The trend reversed after exit polls were released and vote counting began.
- The dollar is currently trading at 3.08 shekels and the euro at 3.43 shekels.
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