Shekel Is King as Israel Bucks Europe Debt Risk (Update1)
May 6 (Bloomberg) — The Israeli shekel is bucking this years sell-off among currencies in the Middle East and Europe and Bank Leumi Le-Israel Ltd. says the currency will keep rising as economic growth...
View ArticleBank of Israel Exchanges Shekels for Hamas
Follow Israel news on and . After a short delay caused by the Tisha BAv fast, the Bank of Israel has fulfilled its obligation to replace old and worn-out currency, sending over 30 million new New...
View ArticleCiti: Gas could have $4b balance of payments impact
However, analyst David Lubin sees the gas discoveries off Israel’s coast as “a currency story more than a growth story.”
View ArticleVardi: High-tech not connected to economy
Yossi Vardi: The sector provides a substantial percentage of Israel’s foreign currency but represents 7% of jobs.
View ArticleJacob Frenkel: Fischers actions are not sustainable
The former Governor of the Bank of Israel said that Fischer’s policy of foreign currency intervention will lead to a dead end.
View ArticleForeigners share in forex trading reaches 39%
October was a busy, and volatile, month in the foreign currency market.
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Obama: Economy wont recover if US borrows money
In Seoul, the Group of 20 struggles to find common ground on disputes over currency, trade gaps, protectionism and regulation.
View ArticleShekel-dollar rate bounces off two-year low
The shekel’s recent strength against the dollar has come despite heavy intervention by the Bank of Israel in foreign currency trading.
View ArticleMore strong gains for shekel against dollar
However, the Israeli currency is weakening against the euro.
View ArticleEuropean debt crisis weakens shekel against dollar
Concern about the Italian economy is strengthening the US currency.
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