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Shekel Gains vs. Dollar as Israeli Central Bank Prefers to Keep Rates Stable

The Israeli new shekel gained against the US dollar (but fell versus the euro) as the nation’s central bank refrained from cutting interest rates at today’s policy meeting even though Israel’s economy is struggling.

Israel’s Central Bank Maintains Key Interest Rate, Shekel Down vs. Dollar

The Israeli new shekel fell against the US dollar today even though the nation’s central banks decided to keep its main interest rate unchanged at yesterday’s monetary policy meeting as the outlook for Israel’s economy was relatively positive. The currency gained on the euro.

Bank of Israel Cuts Main Interest Rate to Record Low

The Bank of Israel surprised the Forex market today, cutting its benchmark interest rate unexpectedly, following the same move in the previous month. This led to a huge slump of the Israeli shekel.

Shekel Gains on Dollar as Bank of Israel Maintains Interest Rates

The central bank of Israel left its main interest rate unchanged, surprising Forex market participants. This allowed the Israeli New Shekel to rise against the US dollar today, though the currency retreated against the euro.

Bank of Israel Surprises Again, Shekel Weakens

The Bank of Israel surprised Forex market participants for the second time this month, cutting interest rates yet again on today’s meeting. The Israeli new shekel weakened after the decision.

Israeli New Shekel Mixed After Bank of Israel Cuts Interest Rates

The Bank of Israel made an unexpected move yesterday, cutting its benchmark interest rate. The Israeli new shekel dropped versus the euro today, but rose against the US dollar.

Shekel Gains on Monetary Policy Outlook, Retreats

The Israeli new shekel weakened a little today against the US dollar. Earlier, the currency gained on hopes that central banks would spur economic growth, while the central bank of Israel itself would keep its monetary policy unchanged. The currency rose versus the euro.

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