Kosher Highlights

Receive Kosher Highlights in your Email Inbox or RSS Feed!

Wednesday, August 09, 2006

Shekel Improves After US Freezes Interest Rate


It looks like America's attempt at rebalancing its own economy is helping their Israeli friends.

(Israel National News) The shekel strengthened following the American Federal Reserve Bank decision Tuesday to keep the interest rate at 5.25 percent, a move that makes the shekel more attractive to investors. The rate in Israel is 5.5 percent.


Not a major item, but this news should help out their economy a bit.




Want more good news about Israel?

Enter your email address below to subscribe!

Enter your email address:

Delivered by FeedBurner

Have a feed reader? Subscribe via RSS or Atom.



0 opinion(s):

Post a Comment

Welcome to IsraGood, where you will find good news about the Holy Land (aka Israel).

Feel free to post your opinions below...and please keep your comments kosher!