Well, would you look at that? The Israeli new shekel is strutting its stuff, reaching its jazzy highest level against the US dollar in over 30 months! That’s right, folks, since January 2023, we’ve come a long way, baby! It’s now flirting around the 3.327 ILS per USD mark as of July 9, 2025. Who knew currency could be such a dramatic diva?
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! 🍿
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2025-07-09 18:02