The Shekel in figures - October 2026

The Shekel Review — October 2026

The shekel had a weaker October, losing ground against all five major currencies.

"With neither bloc reaching a majority in the Israeli elections, the shekel had its sharpest one-day fall in more than a year," says Daniel Engelsman, IsraTransfer's Head of Trading.

In the video, Daniel also gives his outlook for November, a month that includes the Knesset swearing-in, US midterm elections and interest rate decisions from the Bank of Israel and the Fed.

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