News Brief 7/11/2011, Tammuz 9, 5771
Dollar Up, Euro Down
The dollar closed stronger against the shekel Monday. The dollar was up 1.059%, at NIS 3.434. The euro was down 0.621%, at NIS 4.8366.
The rise in the dollar was due to investors seeking a haven from the euro, mostly over fears that Europe's debt problems could engulf other countries, like Italy.