Israeli Shekel Trades Higher From More Than 10-month Low Against Greenback

The Israeli shekel traded higher from early European session's more than 10-month low of 3.9021 against the US dollar in New York deals on Thursday. At 6:30 am ET, the shekel climbed to 3.8741 versus the greenback, compared to Wednesday's close of 3.8879. Thereafter, the pair reversed its direction and currently trading near 3.8936.

Israel's consumer sentiment eased for the second consecutive month in June, results of a survey showed today.

The Israeli Consumer Confidence Index slid to 134.7 in June from 135 in May, Bank Hapoalim and TNS Teleseker said. The latest reading is similar to the levels that prevailed since August 2009. "This level is still one of the highest registered and in itself supports economic growth," Bank Hapoalim said.

The Present Situation index fell to 170.8 from 171, easing for the second month in a row. The Expectations index dropped to 110.7 from 111.

On June 28, the Israeli central bank left its benchmark interest rate unchanged at 1.5% for the third consecutive meeting, citing increased uncertainty in the global economy and its impact on the domestic growth.

US Dollar vs ILS (FX:USDILS)
Graphique Historique de la Devise
De Déc 2024 à Jan 2025