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Ongoing Story· Day 57

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

38 developments

Al-ShamsEconomy

Dollar Rises Against Shekel to 3.09 in Market Trading

Translated & summarized from Al-Shams by baba

CommunityNeutral tone

Arabic · 1 newsroom

The U.S. dollar rose to 3.0889 shekels in market trading on Wednesday, a 1.14% increase. The Bank of Israel's representative rate for October 26, 2026, was 3.078 shekels, down 1.093%. Other major currencies like the euro and pound also saw their representative rates fall against the shekel on that date. The next official rate from the Bank of Israel is anticipated later today.

The story in 5 lines · by baba

  • The U.S. dollar increased to 3.0889 shekels in market trading, up 1.14%.
  • The Bank of Israel's representative rate for the dollar on October 26, 2026, was 3.078 shekels.
  • The representative rates for the euro, pound, and other currencies also fell against the shekel on October 26, 2026.
  • Market exchange rates fluctuate daily, while the representative rate is a daily official fix.
  • Banks and exchange offices may apply different rates than those officially published.

The U.S. dollar saw an increase against the Israeli shekel, reaching 3.0889 shekels in the latest pricing from Investing.com at 01:30. This represents a 1.14% rise, or 0.0348 shekels. The representative exchange rate for the dollar, as published by the Bank of Israel on October 26, 2026, was 3.078 shekels, marking a 1.093% decrease from its previous setting. The difference between the market and representative rates is normal, as market prices fluctuate throughout the day while the representative rate is a daily official fix. Consequently, the dollar's market price is approximately 0.011 shekels higher than the official rate.

On October 26, 2026, the Bank of Israel's representative rates showed declines for several major currencies against the shekel. The euro fell 1.096% to 3.4462 shekels, the British pound dropped 1.264% to 4.1098 shekels, and the Jordanian dinar decreased 1.087% to 4.341 shekels. The Swiss franc was down 1.457% at 3.7257 shekels, the Canadian dollar fell 1.067% to 2.1967 shekels, and the Japanese yen (per 100 units) declined 1.327% to 1.9557 shekels. The Egyptian pound experienced the largest drop, falling 3.186% to 0.0547 shekels.

Live market prices for the euro and pound were unavailable. Banks and exchange offices set their own rates, which may differ from the published figures. The next representative rate from the Bank of Israel is expected later today.

Al-ShamsArab · Nazareth

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