Euro Falls Against Shekel as French Budget Concerns Weigh
Published
The euro fell about 0.8% against the shekel in Monday morning trading, to around NIS 3.41, extending a similar decline on Friday. The dollar edged higher in Israel and traded above NIS 3.05. Internationally, the euro slipped 0.6% to below $1.12, its lowest level since May 2025, while the dollar index rose 0.4% to 102.4. The euro's weakness came amid concerns that political paralysis in France could obstruct the country's 2027 budget plan. The figures reflect morning trading quotations rather than closing prices.