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Dollar nears 3.20 shekels
The dollar rose against the shekel by about 1.26% on the evening of Thursday, November 5, 2026, to 3.1957 shekels, compared with a previous close of 3.1560. Trading ranged from 3.1513 to 3.1971 shekels. The rise coincided with a decline on the Tel Aviv Stock Exchange and uncertainty surrounding the formation of the Israeli government. However, exchange-rate movements are also influenced by factors such as the dollar’s performance globally, interest rates, and regional developments. The Bank of Israel had reported that the shekel lost 2.9% against the dollar in the third quarter. In the Palestinian territories, a stronger dollar increases the value of dollar remittances and savings when converted into shekels, but also raises the cost of buying dollars to meet obligations.
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