Tuesday, April 5, 2011

Bethel Finances: Shekel gains against euro

www.bethelfinance.com
Bethel Finance news:

The shekel-dollar exchange rate is unchanged at NIS 3.4649/$, and the shekel-euro exchange rate is down 0.25% to NIS 4.9141/€.

Despite moves by the Bank of Israel to increase reporting and capitalization requirements for foreign investors, the Bank of Israel reports that nonresidents held an all-time high of NIS 47.23 billion worth of makams (short-term Treasury loans) in February.

Yesterday, the Bank of Israel set the shekel-dollar representative exchange rate at NIS 3.465/$, 0.23% lower than the day before, and set the shekel-euro representative exchange rate at NIS 4.9262/€, 0.146% higher than the day before. The pound was worth NIS 5.5913.

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