News Briefs
  • 13:59

    Shekel Dropped in 2012

    The shekel dropped in 2012 in comparison to most foreign currencies included in currency trading in Israel, the Central Bureau of Statistics reported Wednesday.

    The shekel dropped by 7.1% compared to the U.S. dollar after strengthening by 4.3% vis-à-vis the dollar in 2011. The shekel was also down by 7.1% compared to the yen, but was up by 0.5% against the euro.