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Published 17 days ago

Another day of devaluation in the shekel: The dollar climbs to around 3.80 shekels

Summary by כלכליסט- www.calcalist.co.il

Fear of the continuation of the security exchange deal pushes the dollar down 0.7% against the local currency, rising 1.1% around 4.06 shekels; in the US, the interest rate hike is postponed, and according to the US Federal Bank "there is a strong indication that the dollar will not fall until March 2025"

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כלכליסט- www.calcalist.co.il

Another day of devaluation in the shekel: The dollar climbs to around 3.80 shekels

Fear of the continuation of the security exchange deal pushes the dollar down 0.7% against the local currency, rising 1.1% around 4.06 shekels; in the US, the interest rate hike is postponed, and according to the US Federal Bank "there is a strong indication that the dollar will not fall until March 2025"

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