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View Full Version : Israel Raises Benchmark Rate to 3.25% on Inflation Threat, Weaker Currency - Bloomber



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05-23-2011, 11:40 AM
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Israel Raises Benchmark Rate to 3.25% on Inflation Threat, Weaker Currency (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNE-FYZbqmxVF17qS9vN9oNcwXtdsQ&url=http://www.bloomberg.com/news/2011-05-23/israel-raises-benchmark-rate-to-3-25-on-inflation-threat-weaker-currency.html)
Bloomberg
While the shekel has strengthened by close to 9 percent against the dollar during the past year, the Israeli currency slid by almost 4 percent since the beginning of the month, easing conditions for exporters and leaving room for the Bank of Israel to ...

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