The euro rose by 0.3% to 4.36 shekels. Economic growth in the first quarter was 2.5% which was below expectations. Analysts said the Bank of Israel's interventions in the foreign exchange market did not have any effect.
Foreign exchange trading on Monday was characterized by mixed trading regarding the shekel against the major currencies.
That came against the background of the publication of economic growth and inflation figures.
The dollar slipped by 0.1% against the shekel to 3.819 shekels against the US currency, while the euro saw the opposite trend, rising by 0.3% to 4.36 shekels, according to the Globes financial daily.
The dollar strengthened against the major currencies on global markets on Monday, and increased slightly to 1.14 dollars to the euro.
The economic growth figure was published on Sunday – with the 2.5% rise being lower than the expectations of the Finance Ministry and Bank of Israel which had predicted a rise of 3.2%, while the financial markets had predicted a 3.5% increase.
In the fourth quarter, growth hit 6.6% following renewed growth after the conflict in Gaza last summer.
Analysts said the dollar remained on a downward trend against the shekel and is at its lowest point since November 2014.
