Currency exchange operators report a surge in Israelis buying foreign currency, driven first by favorable exchange rates ahead of summer travel and more recently by central bank chief’s signal another interest rate cut may be near

Currency exchange operators report a surge in Israelis buying foreign currency, driven first by favorable exchange rates ahead of summer travel and more recently by central bank…

US currency climbs to about 2.89 shekels after the Bank of Israel governor signaled a possible rate cut, with Hezbollah fighting and Tel Aviv stock losses adding pressure