Shekel down against dollar and euro amid vote for judicial committee

Illustrative: 100 shekel banknotes, seen December 31, 2017. (Nati Shohat/Flash90)
Illustrative: 100 shekel banknotes, seen December 31, 2017. (Nati Shohat/Flash90)

The shekel is down against the US dollar today, as the political maneuverings around the vote for the Judicial Selections Committee raise fresh uncertainty about the future of talks on the government’s far-reaching plans for changing the judiciary.

When trading opened this morning, one greenback fetched NIS 3.56, a figure that rose as high as NIS 3.65 during the day. The exchange rate currently stands at NIS 3.61.

The shekel has lost value relative to the euro, one of which currently can be exchanged for NIS 3.9, after starting today at NIS 3.84.

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