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Weak Olmert Leads Weak Shekel
Reported: 09:03 AM - May/02/07
(IsraelNN.com) 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.
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.
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