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Last update - 14:22 24/03/2008 Dollar flexes new muscles, leaps to NIS 3.52 on Fischer gambits By Yael Pollack Tags: Fischer, Bank of Israel  The U.S. dollar flexed new muscles on Monday, trading up more than 3 percent at NIS 3.52 in the early afternoon, building on gains prompted by Bank of Israel Governor Stanley Fischer's surprise announcement late last week that the central bank would purchase $25 million per day for two years, a total of $10 billion, to bar further slippage by the American currency. Analysts said the rise also reflected the widespread expectation that Fischer would further lower interest rates by a quarter to half a percentage point, a move which would render the shekel less attractive The Monday trading followed a weekend hiatus, with dollar markets sidelined to mark Good Friday and Easter Sunday. Advertisement Related articles: Israel Bank intervenes in foreign currency market, buys dollars Bottom dollar / The leverage trap Tel Aviv stock exchange loses 9% of its value in 3 trading days Bookmark to del.icio.us   Getting online, already A gov't official is planning the first Web site 'to connect all Jews around the world'. Naim to meet you French-Israeli folk singer Yael Naim isn't worried about becoming too commercial.   1.   Dollar deadcat bounce 16:48  |  Clickfool 24/03/08

Today Online Al-Qaida No. 2: Strike Jews 'everywhere' over Gaza raids Responses: 62 Israel shifts stance on reaching agreement with Hezbollah Responses: 34 Loving Jesus but fearing the neighbors in Ariel Responses: 36 Shahar Ilan: The dangerous vision of an Arab-free Knesset Responses: 21 Shmuel Rosner: The most daring experiment in the history of the Jews Responses: 22 Rosner's Domain Guest, Kurtzer: US needs to be a 'honest broker' A ceasefire must be clear on the point of rocket fire (WTR) Govt. to appeal ruling on classified material in AIPAC trial There's no need for American pressure on Israel Poll: Mideast summit in Moscow, a good idea? More Headlines 17:23 Nasrallah: The Zionist entity can be wiped out of existence 15:22 Palestinians: Civilian dead, another hurt as IDF troops enter Gaza 14:02 Al-Qaida No. 2: Muslims must strike Jews 'everywhere' over Gaza raids 17:26 Barak: We'll ease W. Bank plight, but checkpoints to stay for now 15:00 Qureia: Fatah signed reconciliation draft with Hamas due to mixup 14:47 Daniel Kurtzer 16:14 Five Jordanians plead not guilty to watching Israeli Embassy for Hamas 15:11 Barak: We must take Hezbollah's latest threats seriously 13:11 Cheney: Syria and Iran helping Hamas torpedo peace process 16:11 MK demands probe into rabbi who decreed against employing Arabs 16:06 Saudi envoy to represent Riyadh at Arab summit instead of king 14:22 Dollar flexes new muscles, leaps to NIS 3.52 on Fischer gambits Previous Editions Select Day 23 mar 21 mar 20 mar 19 mar 18 mar 17 mar 16 mar 14 mar 13 mar 12 mar 11 mar 10 mar

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