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View Full Version : Israel's A+ at S&P Is No Relief for Shekel's Biggest Decline in Two Years - Bloomberg



NewsWhore
09-11-2011, 11:20 AM
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Israel&#39;s A+ at S&P Is No Relief for Shekel&#39;s Biggest Decline in Two Years (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNHxmVX_w3G0FTtJML2Be7fuqTACQg&url=http://www.bloomberg.com/news/2011-09-11/israel-s-a-at-s-p-is-no-relief-for-shekel-s-biggest-decline-in-two-years.html)
Bloomberg
The currency fell 0.3 percent versus the dollar to the weakest level in seven months on Sept. 9 even after S&P lifted Israel&#39;s foreign-currency credit rating by one step to A+, citing “rapid” economic growth and prospects for lower debt. ...

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