(Bloomberg) -- The Israeli shekel surged to its strongest level in more than 25 years in the run-up to the central bank’s policy decision this month. Most Read from Bloomberg The currency jumped as much as 1.7% to 3.1119 per dollar on Monday, a level unseen since March 1996. The shekel extended its gain in the past week to approximately 2.8%, the most among a basket of major developed and emerging-market currencies tracked by Bloomberg. The shekel’s gains come after the Bank of Israel’s said last month that it will roll back its 85-billion-shekel ($27.3 billion) bond-purchase program by year’s...