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Ongoing Story· Day 60

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

35 developments

Al-ShamsEconomy

Dollar Edges Up Against Shekel, Official Rate Declines

Translated & summarized from Al-Shams by baba

CommunityNeutral tone

Arabic · 1 newsroom

The U.S. dollar was priced at 3.116 shekels on Friday, a slight increase, while the Bank of Israel's official representative rate for Thursday was 3.114 shekels, down 0.448%. Most other major currencies also saw their representative rates fall against the shekel on Thursday, with the Canadian dollar being the sole exception. Banks and exchange offices may apply different rates than those officially published.

The story in 5 lines · by baba

  • The U.S. dollar reached 3.116 shekels in market pricing on Friday.
  • The Bank of Israel's official rate for Thursday was 3.114 shekels, a 0.448% decrease.
  • Most foreign currencies declined against the shekel on Thursday, October 29, 2026.
  • The Canadian dollar was the only currency to rise against the shekel on that day.
  • Actual rates applied by banks and exchange offices may differ from official figures.
Dollar Edges Up Against Shekel, Official Rate Declines
Editorial illustration generated by baba News, not a photograph of the event.

The U.S. dollar reached 3.116 shekels in the latest market pricing from Investing.com on Friday at 22:49, marking a 0.11% increase. This compares to the representative rate published by the Bank of Israel on Thursday, October 29, 2026, which was 3.114 shekels, reflecting a 0.448% decrease from its previous setting. The difference between the market and representative rates was minimal, not exceeding 0.002 shekels. Market rates fluctuate throughout the day, while the representative rate is a single official fix. On October 29, 2026, most major currencies saw their representative rates decline against the shekel, including the Euro at 3.4718 (-0.238%), the British Pound at 4.1503 (-0.111%), the Jordanian Dinar at 4.3917 (-0.462%), the Swiss Franc at 3.7596 (-0.236%), the Japanese Yen per 100 units at 1.971 (-0.5%), and the Egyptian Pound at 0.0555 (-0.359%). The only exception was the Canadian Dollar, which saw a slight increase to 2.2276 shekels (+0.022%). Live market prices for the Euro and British Pound were unavailable. Banks and exchange offices set their own rates, which may differ from the published figures.

Al-ShamsArab · Nazareth

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