www.bethelfinance.com
Bethel Finance news:
The Bank of Israel bought hundreds of millions of dollars in foreign currency on Thursday, the day after the shekel slipped to NIS 3.4/$, a 30-month low. After the intervention, the exchange rate rose slightly to NIS 3.42/$. The Consumer Price Index for March 2011 is due to be published on Friday, and estimates expect it to rise 0.1%-0.3%. According to Goldman Sachs, the shekel-dollar exchange rate could drop to NIS 3.35/$ within six months and as low as NIS 3.25/$ in a year.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment