Publish date:

Bank of Israel stops euro currency exchange rates

Euro notes are now in circulation in the European Monetary Union countries

Bank of Israel said on Sunday it will stop publishing shekel representative rates next week for nine European countries that have adopted the euro as their main currency.

The central bank said in a statement that from January 28 it will no longer publish rates for the Austrian schilling, Italian lira, Irish pound, Belgian franc, German mark, Dutch guilder, Spanish peseta, Finnish mark and French franc.

As of January 28, euro notes and coins went into circulation of member countries of the European Monetary Union. Individual currencies will cease to be legal tender in early 2002.

TheStreet Recommends