Not only do you not understand anything about economics but also you don`t know anything about Israel`s economy.
Buy the "Economist" for at least one year and try hard to understand what you are reading and maybe, you can improve the former. About the latter, it is obvious you either don`t read Haaretz properly, or, you don`t understand what you are reading.
The shekel is so high because Israel`s economy is in good shape and not seriously affected by the reasons that hurt so much the dollar. And the following from this article:
""It doesn`t matter any more what the shekel does against the dollar - but what the shekel does against the euro and the yen," the investment manager of one of the branches of a foreign bank operating in Israel said yesterday. His comment reflected how little relevance the dollar now has to the strength of the Israeli currency, as a result of the steep declines in the American greenback in recent months."
Capisci? |
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