Shekel depreciates against dollar and euro

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