The shekel is flat against the dollar and losing ground to the euro in inter-bank trading. The shekel-dollar exchange rate is down 0.07%, compared with yesterday’s representative rate, to $3.751/$, and the shekel- euro exchange rate is up 0.83% to NIS 4.934/€.
In international markets, the dollar is trading at $1.311/€ and against the yen at ¥80.42/$.
Atrade reports this morning that investors will try to maintain positive sentiment, although Europe’s woes make that especially difficult.
Israeli investors were given a boost by news that the Procurement Managers Index rose 1.8% in March.