Fact Check: The Israeli shekel gained more than 3% against the dollar on June 16, 2025, marking its biggest daily percentage gain since at least 2008.

June 16, 2025•by TruthOrFake AI

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VERDICT

True

# Fact Check: "The Israeli shekel gained more than 3% against the dollar on June 16, 2025, marking its biggest daily percentage gain since at least 20...

Fact Check: "The Israeli shekel gained more than 3% against the dollar on June 16, 2025, marking its biggest daily percentage gain since at least 2008."

What We Know

On June 16, 2025, the Israeli shekel (ILS) experienced a significant increase against the US dollar (USD), with the exchange rate falling to 3.4971 ILS per USD, representing a decrease of 3.41% from the previous session (Trading Economics). This marked the largest daily percentage gain for the shekel since at least 2008, as confirmed by a report from Reuters.

Analysis

The claim that the Israeli shekel gained more than 3% against the dollar on June 16, 2025, is substantiated by multiple sources. According to Reuters, the shekel's gain was indeed over 3%, and it was noted as the largest daily percentage increase since 2008. This aligns with the data from Trading Economics, which shows the shekel's performance on that date.

Further corroboration comes from Investing.com, which provides historical data supporting the shekel's strengthening against the dollar. The context of the shekel's performance over the preceding months and years indicates a notable fluctuation in its value, with the shekel having strengthened by 5.75% over the last 12 months leading up to June 2025.

The reliability of the sources is high, as they are well-established financial platforms known for providing accurate currency data. Reuters is a reputable news organization, while Trading Economics and Investing.com are recognized for their financial analytics and historical data.

Conclusion

Verdict: True
The claim that the Israeli shekel gained more than 3% against the dollar on June 16, 2025, marking its biggest daily percentage gain since at least 2008, is accurate. This is supported by credible financial data and news reports confirming the shekel's significant appreciation against the dollar on that date.

Sources

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Fact Check: The Israeli shekel gained more than 3% against the dollar on June 16, 2025, marking its biggest daily percentage gain since at least 2008.

Fact Check: "The Israeli shekel gained more than 3% against the dollar on June 16, 2025, marking its biggest daily percentage gain since at least 2008."

What We Know

Analysis

Conclusion

Sources

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