Data on foreign currency activity

1.6.2008
 
Data on foreign currency activity
 
Data on the exchange rate
  Representative Low High
Dollar
Daily, end- May 2008 3.233 3.233 3.473
Change from beginning of month -5.72%    
Change from beginning of year -15.94%    
Monthly average May 2008 3.3788    
Rate of change from previous month -4.00%    
Rate of change from beginning of year -13.46%    
Rate of change in previous 12 months -15.55%    
 
Volume of foreign currency/NIS trade1
  Non-Israeli financial institutions Other customers
($ Million)
Local Banks
April 2008 (updated)
Total 49,082 28,593 11,969
Of which swaps 37,751 8,980 4,877
Daily average 2,231 1,300 544
Of which swaps 1,716 408 222
May 2008 (provisional)
Total 46,691 25,568 10,584
Of which swaps 38,364 7,252 4,849
Daily average 2,335 1,278 529
Of which swaps 1,918 363 242
 
1In this table swaps include one side of the swap transaction.
source: foreign currency department