The US dollar rallied somewhat against the shekel on Monday morning, hitting NIS 3.426 after plummeting to 3.23 on Friday. This marks the lowest point for the US currency since 1996.

The euro also dropped and was trading at 3.955 against the shekel.

Join BJL on WhatsApp Status: Click here to Join BJL status for engagements, births, deals, levayos, events & more

Join BJL on WhatsApp Groups: Click here to Join an official BJL WhatsApp group for breaking news as it happens

The Bank of Israel has stepped up its acquisition of USD since November in an attempt to stem the decline in the demand for the dollar. Read more at Israel Hayom