The dollar declines and stabilizes at 3.7 shekels

Bethlehem Together - The dollar was trading this morning at 3.7 shekels, a level about 0.5% lower than the level at which the dollar was trading yesterday. The euro fell by about 0.7% and is trading at 3.98 shekels, and the pound sterling fell by about 1% to 4.625 shekels. The Hebrew websites reported, 'The restraint shown by the Israeli army at the entrance to Rafah, as well as the exit of the Israeli delegation to the negotiations in Cairo with the blessing of Benny Gantz on the way to reaching an agreement, spread optimism in the foreign exchange market - and from here we see the dollar weakening for the second day in a row.' Source: Maan News Agency