|| Dollar sinks to two-year low against shekel
Down to NIS 3.53 NIS, dollar’s global weakening caused by withdrawal of Federal Reserve chairman candidate.
The dollar continues its free-fall as the foreign currency trade week begins. This morning, it fell by a further 0.9 percent and is being traded among the banks at a rate of NIS 3.5328, its lowest point in more than two years. The dollar weakened in comparison with world currencies when Larry Summers decided to withdraw his candidacy as head of the United States Federal Reserve, which...
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