Subscribe to Print Edition | Thu., January 24, 2008 Shvat 17, 5768 | | Israel Time: 15:01 (EST+7) web haaretz.com   Back to Homepage Rosner's Domain Diplomacy Defense Jewish World Opinion National Print Edition Advertising Books Arts & Leisure Business Real Estate Easy Start Travel Week's End Anglo File

Last update - 14:58 24/01/2008 Dollar continues to drop, falling another 0.8 percent to NIS 3.680 By Shlomi Shefer, Haaretz Correspondent and Haaretz Service. Tags: interest rates, Israel, U.S.  The U.S. dollar continued its downward spiral on Thursday, as it fell by an additional 0.8 percent and was being traded at NIS 3.680. A day earlier, the dollar fell by 2.2 percent. The recent drops are the lowest since August 1998 - the dollar has dipped 3.5 percent in the past two weeks alone. Advertisement Nevertheless, the Tel Aviv Stock Exchange on Thursday recorded a modest rise in rates - between 0.3 percent and 1.3 percent. According to market estimates, the dollar will continue to fall due to gaps in interest rates. The Bank of Israel has a current interest rate of 4.25 percent, while the U.S. Federal Reserves' interest rate stands now at 3.5 percent, due to a sharp cut earlier this week. Related articles: Despite weak dollar, Olmert says no to aid for exporters Lion, bear, deer, dollar Bookmark to del.icio.us   The father of the victim Father of terror victim slams Olmert for letting PA try the killers. And you're out German hip-hop artist thrown off reality show over Hitler salute.

Today Online High Court of Justice to hold urgent hearing on Gaza blockade Responses: 221 Gaza source: Hamas planned border wall blast for months Responses: 127 Canada to skip UN racism meet due to 'anti-Semitism' Responses: 122 Yossi Beilin: Here's to Prime Minister Livni, Foreign Min. Olmert Responses: 15 Rami Livni: Bi-national state would only perpetuate suffering Responses: 20 Rosner's Domain Who's better for Israel, Clinton or McCain? Obama: Israel was forced to close Gaza (WTR) Actor Jon Voight: Every Jew must vote for Giuliani (WTR) New poll: How important is Israel in the 2008 election? Domain's Guest: "all Jews are responsible for one another" More Headlines 15:01 PM completely freezes new construction in West Bank settlements 14:51 High Court to hold urgent hearing on Gaza blockade 14:29 Mubarak urges Gazans to avoid clashing with forces at border 14:15 Burns, in Israel, says new Iran resolution will be punitive 05:52 Canada to skip UN racism conference due to expected 'anti-Semitism' 14:45 UN rights council slams Israel's 'grave violations' in Gaza Strip 12:43 AG to announce Sunday decision on reopening probe into Oct. 2000 riots 14:08 First commercial flight from Albania to land at B-G Airport Thurs. 14:58 Dollar continues to drop, falling another 0.8 percent to NIS 3.680 12:45 Hamas court sentences policeman to death for family feud killing Previous Editions Select Day 23 jan 22 jan 21 jan 20 jan 18 jan 17 jan 16 jan 15 jan 14 jan 13 jan 11 jan 10 jan

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