Wednesday, March 28, 2012

Bethel Finance:Shekel weakens

www.bethelfinance.com

The shekel is weakening against the dollar and euro in morning inter-bank trading. The shekel-dollar exchange rate is up 0.26%, compared with yesterday's representative rate, to NIS 3.725/$, and the shekel-euro exchange rate is up 0.27% to NIS 4.974/€.

In international markets, the dollar is traded at $1.333/€ against the euro and at ¥82.72/$ against the yen.

In macroeconomics, analysts expect durable goods orders for February, which will be published today, to rise by 3% over January.

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