Shekel Hits 31-Year High as Dollar Falls Below NIS 3 Amid Heavy Foreign Investment

The Israeli shekel has surged to its strongest level since 1995, with the U.S. dollar dropping below the NIS 3 threshold for the first time in 31 years, trading around 2.99–3.00. •⁠ ⁠The gains are driven by sustained inflows from foreign investment and Israel’s tech sector, with about $39B in 2025 and $25B in 2024 […]

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