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The US dollar weakened 0.74% against the Israeli shekel on August 25, with the pair at 2.979, paring a 0.85% weekly gain. The daily shekel strengthening reversed part of the dollar's weekly advance against the currency. The shekel's exchange rate is watched as a broad signal of investor sentiment toward the Israeli economy amid ongoing regional geopolitical tensions.
Aug 25, 17:51 UTCAlternativeMarkets.AI Newsroom · Data: Financial Modeling Prep
The US dollar appreciated 1.08% against the Israeli shekel to 3.0061 on August 20, extending a 0.68% weekly gain. The shekel has faced intermittent pressure tied to geopolitical uncertainty in the region. Exchange rate movements affect Israel's export competitiveness and the cost of goods imported by households and businesses.
Aug 20, 17:51 UTCAlternativeMarkets.AI Newsroom · Data: Financial Modeling Prep
The US dollar declined 0.69% against the Israeli shekel to 2.9617 on August 13, with a weekly loss of 1.06%. The shekel has recouped some ground after significant weakness earlier in 2024 tied to geopolitical tensions and domestic uncertainty. Currency moves of this scale can affect the cost of imports and inflation in Israel, a trade-dependent economy.
Aug 13, 17:51 UTCAlternativeMarkets.AI Newsroom · Data: Financial Modeling Prep
The US dollar fell 1.27% against the Israeli shekel to 3.0054 on August 04, while the pair was nearly flat on a weekly basis with a 0.01% change. A declining USD/ILS rate indicates the shekel is appreciating against the dollar. The shekel exchange rate is closely watched given Israel's export-oriented tech economy and the sensitivity of the currency to regional geopolitical conditions.
Aug 04, 17:51 UTCAlternativeMarkets.AI Newsroom · Data: Financial Modeling Prep