Shekel hits 33-year high against dollar

May 7, 2026 5:38 am | JNS News, Ticker

The Israeli shekel gained 1.1% on Wednesday, reaching its highest level against the dollar in 33 years, amid investor optimism over a possible end to hostilities between Iran and the United States.

The shekel, which has appreciated 9% so far in 2026, strengthened to 2.90 per dollar on Wednesday, its strongest level since October 1993, Reuters reported.

   | Read More JNS.org – Jewish News Syndicate 

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