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USDILS

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

Analysis and statistics

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About

USDILS.FOREX refers to the exchange rate between the United States Dollar (USD) and the Israeli Shekel (ILS) in the foreign exchange (forex) market. It represents the value of one US dollar in terms of Israeli Shekels. The "FOREX" suffix indicates that this is a currency pair traded in the decentralized global forex market, where currencies are constantly bought and sold, determining their relative values. This exchange rate fluctuates based on various economic and geopolitical factors affecting both the US and Israeli economies, including interest rates, inflation, economic growth, political stability, and global market sentiment. Traders and investors use this exchange rate to speculate on future currency movements, hedge against currency risk, and facilitate international trade and investment.
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Factors

Interest Rate Differential: Differences in US and Israeli interest rates impact capital flows and currency valuation.

Israeli Economic Performance: Strong GDP growth and low unemployment typically strengthen the Israeli Shekel.

US Economic Performance: Robust US economic data often boosts the US Dollar.

Geopolitical Risks: Regional instability can weaken the Shekel.

Central Bank Policy: Interventions by the Federal Reserve or Bank of Israel affect currency values.

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