The shekel-euro exchange rate is expected to remain unchanged tomorrow at NIS 5.88/€.
Dollar options trading indicates that the shekel-dollar exchange rate is expected to rise 0.7% tomorrow to NIS 4.338/$. The movement is an upward technical correction, a trend that has lasted since the beginning of last week. If the exchange rate rises by this amount tomorrow, it will reflect a rise of NIS 0.17, a cumulative rise of 0.4%.
The shekel-euro exchange rate is expected to remain unchanged tomorrow at NIS 5.88/€.
Published by Globes [online], Israel business news - www.globes.co.il - on January 2, 2005