12 September 12 11:05–The shekel is continuing to strengthen against the dollar, but is weakening against the euro in morning inter-bank trading today. The shekel-dollar exchange rate fell 0.26%, compared with yesterday’s representative rate, to NIS 3.951/$, and the shekel-euro exchange rate rose 0.35% to NIS 5.085/€.

In international markets, the euro hit a fourth-month high against the dollar, trading at $1.2885/$.

In Israel, the Central Bureau of Statistics yesterday predicted that GDP will grow by 3.5% in 2012, above the forecasts by the Bank of Israel and Ministry of Finance…Read More>>

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