Shekel Hits 30-Month High! Is It Time to Break out the Confetti? 🎉💸
In a plot twist worthy of a thriller, this little currency has appreciated by a whopping 4.87% in just a month and a mind-boggling 9.06% over the last year. Analysts are brushing off their crystal balls and pointing to a drop in Israel’s risk premium, thanks to the ongoing geopolitical soap opera with Iran. 💥 Meanwhile, the local stock market has been working out, clearly hitting the gym and gaining some impressive muscle. With the shekel bouncing back by 3% since the drama began with Iran, who knows? We might just see it strutting down to around 3.0 ILS per USD in no time! Don’t forget your popcorn! 🍿





