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Not what you thought

The Shekel is the Strongest It's Been in 30 Years- That's not Necessarily a Good Thing

Israel’s currency, the shekel, is trading around ₪3.09 to the USD, approaching levels not seen in roughly 30 years. While a strong shekel benefits importers and consumers by curbing inflation, it acts as a "chokehold" on export-dependent sectors.

JFeed Staff
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