Ora Koren, TheMarker : Histadrut chair warns of strike if gov't does not boost dollar
Talkback
Title:to # 1
Name:Mel
City: Ra`ananaState: Israel
Not so easy. Exports are received in $. Cost of goods are in shekels. The cost of making the goods is beginning to be the same as the $ revenues. The delta (difference between revenue-cost of goods) is shrinking to unprofitable levels. A weak dollar is not good for an export orientated economy.