The USD/ILS is an exotic currency pair that measures the value of the US dollar against the Israeli new shekel. This pair specifies how many dollars are needed to buy 1 Israeli new shekel.
The exchange rate for USD/ILS is influenced by various factors such as geopolitical events, economic data releases, and central bank policy decisions. Israel's economy is one of the most advanced and diversified in the Middle East, and its currency reflects its strong economic growth, stable political situation, technological advancements, and export-oriented economy.
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