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Dollar surges against Israeli shekel as markets grow cautious

Times of Palestine

Dollar surges against Israeli shekel as markets grow cautious

Image credit: Shehab Wire (EN)

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The dollar posted a sharp rise against the Israeli shekel as trading opened for the week, Shehab Wire reported. Foreign currency exchange rates climbed noticeably against the shekel amid heightened uncertainty gripping financial markets.

An economic expert told Shehab Wire the movement signals expectations for the coming days, though the report did not specify the analyst's forecast or the scale of the dollar's gains.