Shekel stable against the dollar

The shekel is stable against the dollar and strengthening against the euro officials said noting the shekel- dollar exchange rate is down 0.1 percent . On Monday the representative rate of the dollar was set at 3.75 shekels to the dollar. The last time it reached such a level was last September officials said. On Monday the Bank of Israel said the shekel-dollar representative exchange rate stood at 3.755 shekels to the dollar up by 1.16 percent from the previous day. The shekel euro representative exchange was 5.00 to the euro down 0.80 percent.