News Briefs

  חשון 16, 5768 , 28/10/07

Morgan Stanley Thumbs Up on Shekel

Morgan Stanley financial analyst Serhan Cevik praised the shekel in a report published by the Globes business news service, saying he believes the Israeli currency will remain strong.

Cevik valued the dollar-shekel value at 3.90. He also said he does not believe the Bank of Israel will change its interest rates in November.

Other archived news briefs:Oct 28 2007, 03:17 PM, 10/28/2007