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Dollar Drops Further on Election Day, Shekel Hits 3-Week High

High turnout lifted bets that the vote could end Benjamin Netanyahu's long rule, while the shekel climbed 1.8% to 3.02 per dollar.

Summary by Globes
In parallel with the highest voting rate ever recorded in Israel, the dollar-shekel exchange rate is falling sharply and breaking below the 3.03 shekel mark • These are the possible reasons for this

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In parallel with the highest voting rate ever recorded in Israel, the dollar-shekel exchange rate is falling sharply and breaking below the 3.03 shekel mark • These are the possible reasons for this

Agency AJN.- The Israeli shekel is strengthened and reaches its highest level in three weeks against the US dollar, in a context of record electoral participation, while the Israelis continue to turn to the polls. It is appreciated more than 1.2% and it is listed at 3.0419 per dollar, the highest value since [...] The entry The Israeli shekel is appreciated against the dollar in the middle of a record electoral turnout appears first in AJN News …

The Israeli shekel is strengthening, reaching a three-week high against the US dollar, amid record voter turnout, as Israelis continue to head to the polls for national elections… Israel: Shekel at 3-week high, amid record voter turnout - ΙΝΑΦΤΕΜΟΠΟΡΙΚΙ

Against the backdrop of high voting rates, the shekel strengthens on election day by about 1.1% against the dollar (around NIS 3.05) and by about 1.4% against the euro (around NIS 3.40). Market estimates that the increase in the participation rate may reduce political uncertainty THE POST IS A POSITIVE TREND IN THE FOREIGN EXCHANGE MARKET: THE SHEKEL SHARPLY STRENGTHENED IN PARALLEL WITH THE SURGE IN VOTING RATES APPEARED FOR THE FIRST TIME ON T…

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JDN - חדשות broke the news on Tuesday, October 27, 2026.
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