Euro / Dollars / Shekel : The dollar is up by 0.2% and is trading above 3.6 NIS. In Turkey, following the opposition’s victory in the Istanbul mayoral elections, the local lira is rising.
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The shekel has weakened against the major currencies of the world – the euro has jumped by 1% to 4.1 NIS, while the dollar has strengthened by 0.2% and is trading above 3.6 NIS.
This news can be seen as an opportunity for investors looking to buy in Israel with their euros. Indeed, the European currency had reached particularly low points in recent months, falling below the threshold of 4 shekels for 1 euro.
