Israeli shekel at one-year low against dollar
There have been significant changes to Israeli monetary policy recently, including the addition of the Chinese yuan to the country’s reserves.
Israel’s currency is currently at its weakest position in a year against the US dollar.
The new Israeli shekel’s exchange rate was 3.31 to $1 yesterday. It was the weakest point since the start of April 2021, when it traded at 3.34 shekels to the dollar, according to the currency converter Xe.com.
