![]() Accordingly parties to transactions that are indexed to foreign currency may use any exchange rate on which they agree. Importantly, the representative rate is an indicator of the exchange rate in use but has no obligatory status under law. For commercial purposes, get an automated currency feed through the XE Currency Data API. The representative rate is based on the rate prevailing in the market at the time it is set. This USD currency table offers historic US Dollar rates compared to every world currency. On each foreign currency business day in Israel, the Bank of Israel publishes the representative exchange rate of the shekel against foreign currencies. Section 4(3) of the Law states that one of the functions of the Bank of Israel is "Supporting the orderly activity of the Foreign Currency market in Israel." In this capacity the Markets Department monitors market performance. Dollar Index tracks the strength of the dollar against a basket of major currencies. Bulls need the market to clear 101.15 & hold above here to target. Today 0.26 Week 1.06 1 month 1.78 6 months 0.67 Year to date 2.38 1 year 5.09 5 years 6.73 15.73 Key data points Volume Previous close Open Day's range About U.S. In the early 1990s, foreign-currency control was gradually repealed in a liberalization process. US dollar index creeping back up to strong resistance at 100.75/95 in the 10-month negative trend. However, the Bank reserves the right to intervene in foreign currency trading when necessary. ![]() ![]() Today, the exchange rate policy is based on unrestrained fluctuation of the domestic currency against other currencies. Foreign currency trading takes place mainly between banks and their customers in Israel and abroad and among banks themselves. A ticket sold in California is the sole winner of the 1.08 billion Powerball jackpot, the sixth-largest U.S. The United States Dollar is expected to trade at 102.51 by the end of this quarter, according to Trading Economics global macro models and analysts. ![]()
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