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2025-02-11 11:29:52

Shekel weaker amid hostage release uncertainties

en.globes.co.il (nprofile…xnev)
SHEKEL WEAKER AMID HOSTAGE RELEASE UNCERTAINTIES


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✍️ The Israeli shekel has strengthened against major currencies, with a 0.82% increase against the US dollar and a 0.68% increase against the euro.
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👉 The shekel has strengthened against major currencies, with a 0.82% increase against the US dollar and a 0.68% increase against the euro.
👉 The strengthening comes despite a week of geopolitical tensions, including a ceasefire announcement by Hamas.
👉 Bank Hapoalim's chief financial markets strategist, Modi Shafrir, attributes the strengthening to geopolitical influences.
👉 More Investment House's chief investment manager, Yotam Costica, sees the latest weakening as marginal and expects the shekel to strengthen again once the geopolitical situation stabilizes.

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#ModiShafrir #YotamCostica #business
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en.globes.co.il (nprofile…xnev)

Bank Hapoalim: This is a correction, the shekel will continue to strengthen.
https://en.globes.co.il/en/article-shekel-weaker-amid-hostage-release-uncertainties-1001501825

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