The Israeli new shekel rebounded today after earlier drop versus the US dollar as the nation’s central bank maintained its key interest rate and predicted that the country’s economy will expand next year.
Israeli New Shekel ILS
Detailed information and fundamental factors
Central Bank: Bank of Israel
Interest Rate: 2.50%
Public Debt to GDP Ratio, 2010: 74.6%
Trade Balance, 2010: -$2.37 bln.
Inflation, 2010: 2.7%
Factors of Weakness
Political and domestic instability
weak
Israeli New Shekel News Archive
Shekel Rebounds as Central Bank Holds Interest Rates
December 27th, 2011 at 12:19
Israeli New Shekel
Sheqel Gains on Interest Rates Swaps
June 21st, 2011 at 12:52
Israeli New Shekel
The Israeli New Sheqel rose today as the difference between Israel’s and the US interest rates attracted investors to the currency.
Israel’s Sheqel Falls on Dollar Purchase Speculations
August 04th, 2009 at 23:21
Israeli New Shekel
The Israeli currency had the sharpest fall in 4 months today as the government is likely to increase a dollar purchasing program to stimulate the national currency.
