Shekel reaches NIS 3.11 to the dollar as 'avalanche' continues

https://www.jpost.com/israel-news/shekel-reaches-nis-311-to-the-dollar-as-avalanche-continues-684489

Israel’s manufacturers and exporters are suffering as the shekel reaches its strongest level in 25 years. However, analysts don’t see the trend changing anytime soon.

The shekel traded at NIS 3.11 to the dollar Tuesday, retreating slightly after touching below NIS 3.10 the day before. Against the euro, the Israeli currency traded at NIS 3.59.