Data on foreign currency activity

2.4.2008
 
Data on foreign currency activity
 
Data on the exchange rate
  Representative Low High
Dollar
Daily, end- March 2008 3.553 3.3687 3.6632
Change from beginning of month -2.26%    
Change from beginning of year -7.62%    
Monthly average March 2008 3.5109    
Rate of change from previous month -2.70%    
Rate of change from beginning of year -10.08%    
Rate of change in previous 12 months -16.41%    
 
Volume of foreign currency/NIS trade1
  Non-Israeli financial institutions Other customers
($ Million)
Local Banks
February 2008 (updated)
Total 53,687 25,648 15,933
Of which swaps 40,035 7,850 6,226
Daily average 2,557 1,221 759
Of which swaps 1,906 374 296
March 2008 (provisional)
Total 64,060 30,697 13,752
Of which swaps 49,963 8,306 5,073
Daily average 3,203 1,535 688
Of which swaps 2,498 415 254
 
1In this table swaps include one side of the swap transaction.
surce: foreign currency department