20.01.2016 - Shekel currency 'markedly over-valued' - Bank of Israel official
Israel's central bank will remain aggressive in battling the strong shekel, which is trading at its highest level in 15 years, the Bank of Israel's head of market operations said. Andrew Abir told Reuters in an interview that the bank would continue taking action on the shekel until there was an "unwinding" of the current over-appreciation. "We continue to be concerned about what we regard as a marked over-valuation of the exchange rate," he said...............................................Full Article: Source
Print