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Bethel Finance news:
The shekel is strengthening against the dollar in inter-bank trading today. The shekel-dollar exchange rate is down 0.39%, compared with yesterday's representative rate, to NIS 3.782/$, while the shekel-euro exchange rate rose by 0.2% to NIS 4.947/€.
On world markets, the dollar is trading steadily against the euro at $1.3/€, and trading against the yen at ¥78/$.
Last night, after it appeared that the meeting of EU finance ministers deadlocked, the finance ministers announced that they would transfer €150 billion to the IMF in bilateral loans. This comes after the UK announced earlier yesterday that it would not participate in the program.
Germany will publish its December CPI results today, which is expected to rise 0.1%. The German IFO business index will also publish its results today, which is expected to reach 106.2 points. The German Confidence Index is expected to reach 5.5 points.
At 3:30 pm Israel time, statistics for the amount of US residential permits released in the last twelve months will be announced. The number is expected to reach 630,000.
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