The dollar is at a record low against the shekel. The U.S. currency hit a six-year low in Israeli markets this week, fetching 4.155 shekels for every dollar. That rate will remain fixed until after the Passover holiday ends next week. Israeli traders expect a further boost for the shekel given the dollar’s overall weakness abroad and large-scale foreign investment in Israel. The shekel is also strong against the euro and pound sterling.
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The Archive of the Jewish Telegraphic Agency includes articles published from 1923 to 2008. Archive stories reflect the journalistic standards and practices of the time they were published.
