For the second time in five months: A glitch at the Bank of Israel delayed the publication of the representative dollar exchange rate
A technical glitch at the Bank of Israel delayed the publication of the representative exchange rates, for the second time in five months. The bank transmitted the data to the media: the dollar fell by 0.72% to 3.171 shekels, the euro weakened by 0.65% and the pound by 0.58%.
A technical glitch at the Bank of Israel delayed today (Monday) the publication of the representative exchange rates on the bank's website, for the second time in less than five months. The rates, which are published Sunday through Thursday at 3:30 PM, did not appear on the site even after 4:20 PM. Following the delay, the bank separately transmitted the updated data to the media. According to the data, the representative dollar exchange rate was set at 3.171 shekels – a decrease of about 0.72% compared to the previous rate. The euro rate was set at 3.5492 shekels – a decrease of about 0.65%, and the pound weakened by about 0.58% to a rate of 4.2541 shekels. A similar glitch occurred on June 15 this year, when the rates were also not published on time. The representative exchange rates serve as a reference point for contracts, transactions, and valuations of assets and liabilities in foreign currency.