Cryptocurrency Q&A
Is Israel a good currency?
Is Israel a good currency?
SejongWisdomSeeker
Sun Nov 17 2024
|
7 answers
1222
I'm wondering if Israel has a strong currency. I've heard about the economic stability of the country, but I'm not sure how that translates to the value of its currency in the global market.
7 answers
CryptoPioneer
Mon Nov 18 2024
The rebound in the shekel's value has been partially attributed to the actions of the Bank of Israel.
Was this helpful?
339
80
Sara
Mon Nov 18 2024
The Israeli shekel has emerged as the world's best-performing currency against the US dollar this month.
Was this helpful?
66
78
DondaejiDelightfulCharm
Mon Nov 18 2024
The shekel's surge began with a significant increase from a low point in late October.
Was this helpful?
335
23
CryptoTitan
Mon Nov 18 2024
The Bank of Israel played a crucial role in stabilizing the shekel by unloading a substantial amount of its reserves.
Was this helpful?
92
97
IncheonBeautyBloomingRadiance
Mon Nov 18 2024
From that period, the shekel appreciated by an impressive 8.8%.
Was this helpful?
150
73
Load 5 more related questions
