The representative shekel/dollar rate was set at 4.532, 0.09% higher than yesterday.
The shekel/dollar representative rate rose today, in the wake of Prime Minister Ariel Sharon's decision to close off the Gaza Strip.
The representative rate was set at NIS 4.532/$, 0.09% higher than yesterday's rate.
This morning, before the closure decision was announced, the shekel was being traded at 4.515/$ in interbank trading, 0.29% below yesterday's representative rate. As soon as the announcement was made, the rate began to rise.
The shekel continued to weaken against the euro today. The representative exchange rate rose by 0.2%, to NIS 5.5179/€.
Published by Globes [online], Israel business news - www.globes.co.il - on July 13, 2005