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The shekel strengthened against the dollar and euro in trading after the Rosh Hashana holiday. Tel Aviv’s foreign currency exchange market was closed Monday and Tuesday for the Jewish New Year.
In trading on Wednesday morning, the shekel-dollar rate dropped by 0.38% to 3.895 shekels to the dollar.
The Euro also strengthened against the dollar to $1.308 to the euro following a four-month low by the dollar against the euro last week.
About the Author: Malkah Fleisher is a graduate of Cardozo Law School in New York City. She is an editor/staff writer at JewishPress.com and co-hosts a weekly Israeli FM radio show. Malkah lives with her husband and two children on the Mount of Olives in Jerusalem.
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