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ILSJPY

$--
--%
1d
1w
1m

Analysis and statistics

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  • 52 Week Change
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  • 52 Week High/Low
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  • Dividend Per Share
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  • Market cap
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About

ILSJPY.FOREX represents the exchange rate between the Israeli Shekel (ILS) and the Japanese Yen (JPY) in the foreign exchange market. It indicates how many Japanese Yen are needed to purchase one Israeli Shekel. Fluctuations in this exchange rate are influenced by various economic factors in both Israel and Japan, including interest rates, inflation, trade balances, and geopolitical events. Traders and investors use ILSJPY.FOREX to speculate on the relative strength of the two currencies or to hedge against currency risk.
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Factors

Interest Rate Differential: Differences in interest rates set by the Bank of Israel and the Bank of Japan significantly impact capital flows and currency valuations.

Global Risk Sentiment: During periods of risk aversion, the Japanese Yen tends to strengthen as a safe-haven currency, affecting ILSJPY.

Economic Data Releases: Key economic indicators from both Israel and Japan, such as GDP growth, inflation, and unemployment rates, influence investor sentiment and currency values.

Geopolitical Events: Political instability or conflicts in either Israel or Japan, or globally, can lead to volatility in the ILSJPY exchange rate.

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