US National Security Council spokesman John Kirby said Monday evening that the first tranche of a security aid package for Israel was already on the way and that additional assistance would be announced in coming days. Kirby added that the US wanted to press ahead with diplomacy to normalize ti.
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Dec. 22, 2020
The U.S. dollar exchange dropped to a 24-year low versus the shekel on Tuesday, and was trading at 3.22 shekels to the dollar. The dollar has fallen against the shekel 6 percent this year.
In light of the shekel s continuing appreciation against foreign currencies, the Bank of Israel has been intervening in the foreign currency market. On Tuesday, the bank was buying up $200-$300 million, currency traders estimated.
Following the bank s dollar purchases Tuesday, the dollar was trading slightly higher at 3.23 shekels, and 0.5 percent under the representative rate from Monday.
The euro-shekel exchange rate was holding steady on Tuesday at 3.95 shekels to the euro. Britain s pound was trading up 0.6 percent at 4.34 shekels to the pound.