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Shekel-dollar Exchange Rate Drops


Post Date: 16 Jul 2009    Viewed: 610

The shekel-dollar exchange rate has dropped by 0.38% to NIS 3.945/$, and the shekel-euro exchange rate has declined by 0.01% to NIS 5.536/€.



Later today, Israel’s Central Bureau of Statistics will release the June Consumer Price Index (CPI) figures. The CPI is expected to rise by 0.3-0.4%, with the 10% increase in fuel prices contributing significantly to the climb.


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