Bethlehem-Ma'an-The foreign exchange trading week opened on the Tel Aviv Stock Exchange with renewed weakness for the shekel against the backdrop of the stalemate in talks on a prisoner swap deal and a ceasefire. The euro, which is growing stronger in the world, is also rising more than the dollar in Israel, and is already up 1.3% against the shekel to about NIS 4.1. This is compared to the representative rate set by the Bank of Israel on Friday, which is NIS 4.04. The dollar rose by 0.8%, trading at 3.71 shekels, compared to the representative price on Friday, which was 3.68 shekels. Analysts point out that any progress or withdrawal from the agreement between Israel and Hamas will lead to major changes in currency prices as well as in the Tel Aviv Stock Exchange. SourceMaan News Agency
Related Articles
Oman Advances National Halal System to Boost Export Competitiveness
Muscat: The Sultanate of Oman’s National Halal System Task Force convened for its third meeting to review progress on the development and launch of the integrated framework, a key initiative aimed at enhancing the global competitiveness of Omani produ…
Oman’s Natural Gas Production Exceeds 32 Billion Cubic Meters
Muscat: The Sultanate of Oman’s natural gas production, including domestic output and imports, saw a slight increase of 0.7%, reaching 32.8795 billion cubic meters by the end of July 2025. This is up from 32.6432 billion cubic meters during the same p…
Global LNG Trade Hits Record High in 2025, Despite Asian Demand Dip
Geneva: Global liquefied natural gas (LNG) trade reached a record high in 2025, driven by robust US exports and surging European imports that offset a decline in Asian demand, according to the International Gas Union: The report, however, warned that …
