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      Free Daily Israel Report
      Archive: 5/11/2012

      News Brief

        5/11/2012, Iyar 19, 5772

      Shekel, Dollar Stronger, Euro Weaker

      The official value of the shekel rose an average of .067 percent, Friday, against most of the featured currencies on the Bank of Israel's foreign-exchange list. The United States dollar was fixed at NIS 3.823, up .026 percent, while the Euro declined .117 percent to 4.9408 shekels.

      The pound sterling was set at NIS 6.1596, up a percent, while 100 Japanese yen slipped .15 percent to 4.7904 shekels. The Australian dollar declined .682 percent to NIS 3.8326, while its Canadian counterpart was fixed at 3.8044 shekels, down .246 percent. The South African rand was the biggest loser, falling .882 percent to NIS .4721, followed by the Swedish Krona, which was fixed at .5486 shekels, down .774 percent, and the Norwegian Krone, which declined .566 percent to NIS .6496.