Tel Aviv - Ma'an - The value of the shekel fell against the dollar and the euro, and stock indices declined on the Tel Aviv Stock Exchange, following Israel's assassination of Hamas political bureau chief Ismail Haniyeh and Hezbollah leader Fuad Shukr. The dollar exchange rate this afternoon was 3.8 shekels, and the euro exchange rate was 4.1 shekels. The shekel's relatively sharp decline began on Monday, following the fall of a rocket in Majdal Shams that killed 12 children and teenagers, and following expectations of an Israeli response and an increase in the level of security tension. It is noteworthy that at the end of last week, the dollar exchange rate was 3.68 shekels, and the euro was 3.99 shekels. Source: Maan News Agency
Related Posts
Financial Times: EU Lobbies China to Keep Agriculture Out of Trade Disputes
The EU is lobbying China to exclude agriculture from a series of escalating commercial disputes, calling for the “strategic sector” to be protected from trade tensions in the renewable energy and electric vehicle industries.
“My intention is to do ev…
Minister of Finance Meets Chairperson of Blackstone Group
HE Minister of Finance Ali bin Ahmed Al Kuwari met here today with Chairperson, CEO and Co-Founder of Blackstone Group, a leading asset management firm, Stephan Schwarzman.
During the meeting, they discussed key financial and investment developments,…
Germany Plans 16.4 Billion Euro in Rail Investments This Year
German national railway Deutsche Bahn plans to renew 2,000 kilometers of track and 2,000 points this year as part of an effort to update the ageing rail infrastructure in Germany.
Total investments in rail infrastructure by Deutsche Bahn as well as G…