Live Chat

Shekel

USD/ILS trades at lowest level in over 7 years as Bank of Israel head Amir Yaron extends term until end of emergency period


The Israeli shekel, trading at close to 4.00 per U.S. dollar (USD/ILS), has reached its lowest level since 2016 as Israel’s war with Hamas prepares to enter its second week.

According to a Bloomberg report citing the United Nations, Israel’s military told some 1 million Palestinians living in Gaza on Friday to evacuate the north of the region — an unprecedented order for almost half the population of the sealed-off territory ahead of an anticipated ground invasion against the ruling Hamas militant group.

The ongoing conflict, which is now a week old, has claimed over 2,800 lives on both sides, according to the Associated Press, and heightened tensions throughout the Middle East. Israel has bombarded Gaza since a suprise attack by Hamas fighters over the weekend, during which they infiltrated southern Israel and carried out a devastating assault, claiming hundreds of lives.

The effect of the assault on Israel’s economy and national currency was instant — the dollar to shekel rate has risen by 3.1% in the wake of Saturday’s attacks and is headed for its worst week since February.

Israel’s dollar debt also remains under pressure, after falling 1.8% this week through Thursday, and ranks among the biggest losers across emerging markets. The yield on the security due in 2030 climbed 25 basis points to 5.9% in early London trade on Friday.

請選擇您的點位移動

如果您今天進行了交易,請計算您的假設損益(總成本和費用).

市場

股票 Search
股票
指數
商品
債券
加密貨幣
交易所買賣基金
貨幣

金融工具

Search
Clear input
Occidental
Prosus N.V.
Porsche AG
Hermes
CAT
Thermo Fisher
Nikola Corporation
Tilray
Shell plc (LSE)
Skillz Inc
Iberdrola
DeltaAir
CrowdStrike Holdings
Golar LNG
Applied Materials
Snowflake
Royal Bank Canada
Amazon.com
Spotify
Exxon Mobil
CCB (Asia)
McDonald's
Campari
GameStop
Netflix
ON Semiconductor
Costco
Dave & Buster's
Delivery Hero SE
LUCID
Continental
Zoom Video Communications
Schlumberger
Virgin Galactic
Upwork Inc.
Cameco
JP Morgan
Fuelcell
Rivian Automotive
XPeng Inc
Wal-Mart Stores
Trade Desk
Blackstone
Vodafone
Aptiv PLC
L'Oreal
Target
Rio Tinto
Sartorius AG
British American Tobacco
Qorvo
ASOS
Cisco Systems
Nel ASA
Arista
Airbus
Apple
Pfizer
AMC Entertainment Holdings
ASML
Hubspot
Teladoc
Starbucks
SMCI
Canopy Growth
Wish.com Inc
Lockheed Martin
ProSiebenSat.1
IAG
AbbVie
Marston's
Baidu
Teleperformance
Norwegian Air Shuttle
Airbus Group SE
HSBC HK
Block
Annaly Capital
Abbott
LVMH
American Express
Novavax
GoPro
Siemens
Total
SIG
Pinterest Inc
Taiwan Semi
Etsy
Amgen
SONY
3D Systems
UPS
BlackBerry
Gen Digital Inc
Xiaomi
Quanta Services
Unity Software
NVIDIA
Anglo American
Palantir Technologies Inc
Fresnillo
Deere
Rolls-Royce
Porsche
Uber
Vir Biotechnology
American Airlines
ROBLOX Corp
Macy's
FirstRand
easyJet
DISNEY
Aurora Cannabis Inc
BP
Adidas
Boeing Co
Vonovia
Coca-Cola Co (NYSE)
Home Depot
General Electric
Coinbase Inc
ALIBABA HK
Philip Morris
General Motors
PayPal
UniCredit
II-VI
BASF
Kraft Heinz
Alphabet (Google)
Palo Alto Networks
Plug Power
Li Auto
Oracle
Roku Inc
UiPath Inc
Upstart Holdings Inc
F5 Networks
Infinera
Inditex
ZIM Integrated Shipping Services Ltd
Deutsche Bank
Hammerson
IBM
JD.com
Barrick Gold
Lemonade
MerckCo USA
Infosys
Invesco Mortgage
Comcast
Santander
Accenture
Anheuser-Busch Inbev
Visa
Mastercard
T-Mobile
SAP
Wayfair
Beyond Meat
Kuaishou
CarMax
Tesla
Lyft
Medtronic
Adobe
Morgan Stanley
Workday Inc
Blackrock
Vipshop
Meta (Formerly Facebook)
Linde PLC
Micron
Lululemon
Ceconomy
Chipotle
Gilead
Naspers
Bristol Myers
The Cheesecake Factory
Glencore plc
British American Tobacco
ChargePoint Holdings Inc
Twilio
Intel
Lloyds
CNOOC
Electrolux
Wells Fargo
Sea
PG&E
Fedex
Citigroup
Peloton Interactive Inc.
eBay
Microsoft
JnJ
Bilibili Inc
Trump Media & Technology Group
AIA
Nasdaq
Air France-KLM
Allianz
Lithium Americas Corp
Procter & Gamble
Qualcomm
AMD
New Oriental
MercadoLibre.com
Mondelez
Lumentum Holdings
Two Harbors Investment aration
AstraZeneca
Norwegian Cruise Line
Unilever
GoHealth
PepsiCo
Barclays
PETROCHINA
Goldman Sachs
Eli Lilly
HSBC
Cellnex
Berkshire Hathaway
Jumia Technologies
HDFC Bank
RTX Corp
Bayer
Bank of America
Chevron
ADT
DoorDash
Marriott
Nike
AT&T
GSX Techedu
Robinhood
Telecom Italia
Deliveroo Holdings
TUI
Freeport McMoRan
Toyota
BioNTech
Airbnb Inc
Alibaba
Verizon
Nio
Eni
Ford
Volkswagen
UnitedHealth
Shopify
China Life
Snap
Christian Dior
Conoco Phillips
Lufthansa
Tencent
Moderna Inc
Salesforce.com
Broadcom
Diageo
Toro
Cinemark

帳戶類型

方向

數量

金額必須等於或高於

金額必須小於

金額應為最小手數增量的倍數

USD Down
$-

$-

佣金

$-

點差

-

槓桿

-

手續費

$-

所需保證金

$-

隔夜利息

$-
開始交易

過去的表現並不是未來結果的可靠指標。

所有與你帳戶貨幣不相同貨幣計價的金融商品的倉位,在平倉時將被收取轉換費用。

Shekel news: Bank of Israel intervenes to prop up USDILS

To prevent further shekel depreciation and provide market liquidity, the Bank of Israel announced a plan to sell up to $30 billion in forex. With the plan, the central bank will be able to intervene in the market to “moderate volatility in the shekel exchange rate and provide the necessary liquidity for the continued proper functioning of the markets,” it said Monday.

The move came as the shekel was already facing pressure due to Prime Minister Netanyahu's actions against the country's judiciary system, despite earlier protests in the year.

The Bank of Israel has also introduced measures beyond its $30 billion forex sale program, which include offering dollar liquidity to the market through SWAP mechanisms of as much as $15 billion. SWAP mechanisms are a type of futures contract where two parties exchange cash flows or liabilities from two distinct financial instruments.

Bank of Israel news: Governor Amir Yaron pledges to stay in post until end of emergency

On October 12, Bank of Israel Governor Amir Yaron declared his decision to prolong his term, ensuring his leadership until at least the end of the current emergency period, according to a report by The Times of Israel. Yaron will remain in office to address the economic challenges Israel faces during the state of war.

Yaron affirmed his commitment to the government's request for him to remain in his post, which followed the formation of a national emergency government.

Originally, Yaron's term was set to conclude by the end of 2023, and he was expected to decide on whether to seek another five-year term after the conclusion of the Jewish High Holidays, which coincided with the commencement of the conflict between Israel and the Hamas terrorist organization.

“Due the emergency and the challenges to the Israeli economy at this difficult time, he (Yaron) accepts the request to extend his term, at least until the end of the emergency period,” the Bank of Israel said in a statement.

USD/ILS traded at 3.9711 at the time of writing, up 0.03% on the day, as per MarketWatch data. The dollar to shekel rate has gone up by close to 13% year-to-date, with the Israeli currency shedding over 3% of its value against the greenback in the past five days alone.

When considering foreign currency (forex) for trading and price predictions, remember that trading CFDs involves a significant degree of risk and could result in capital loss.

Past performance is not indicative of any future results. This information is provided for informative purposes only and should not be construed to be investment advice.

最新新聞

星期二, 12 十一月 2024

Indices

原油價格下跌至兩週低點,OPEC再次下調需求預測,市場聚焦中國刺激措施與美國CPI數據

星期二, 12 十一月 2024

Indices

11月13日財經:市場觀望即將公佈的美國經濟數據,美股指數開始回調

星期二, 12 十一月 2024

Indices

美股大盤指數創新高,市場聚焦即將公佈的消費者物價指數與聯準會利率政策

星期二, 12 十一月 2024

Indices

黃金價格跌破2600美元,美元走強與聯準會政策影響黃金價格走勢

Live Chat