He Ru Follow us: Make a7 your Homepage
      Free Daily Israel Report
      Archive: 5/2/2007
      YouReport, Send us News & updates
      09:03
      Reported

      News Brief

        5/2/2007, Iyar 14, 5767

      Weak Olmert Leads Weak Shekel


      The dollar-shekel rate continued to reverse direction Wednesday morning, and the dollar now is trading at 4.045 shekels after sinking below the 4.01 level last week.

      Analysts said the Winograd report, which criticized Prime Minister Ehud Olmert's direction of the Second Lebanon War, and the strengthening of the dollar against other currencies have caused uncertainty among investors.