Last week, the German financial services giant Deutsche Bank ranked the Israeli shekel as the world’s second-strongest currency, bolstering the broader outlook of the Jewish state’s economy.
“The strength of the shekel reflects the strength of Israel’s current economic position,” Leo Leiderman — a professor of comparative economics at Tel Aviv University and the chief economic adviser for Bank Hapoalim, Israel’s largest bank — told JNS.org, adding that he expects the shekel “to continue showing relative strength.”
During the past year, the shekel has appreciated 6.1 percent against the currencies of Israel’s main trading partners, including the dollar, pound, Euro and yen, according to Deutsche Bank’s strategic foreign currency analyst Dr. Gautam Kalani. Only the Chinese yuan is stronger than the shekel, Deutsche Bank said.
The shekel’s strength results partially from Israel holding one of the largest reserves of foreign currency in the world, which helps to reduce the volatility of the Jewish state’s native currency.
6 comments:
It's all the work of the SAMECH MEM (the devil),according to the antisemitic Israel hating manifesto "vayoel moshe" actually the fact we have now almost seven million jews from all corners of the world back in our homeland,and the fact there are tens of thousands of young Jews sitting and learning all day and being supported by the state that is all the work of the devil,and it has nothing to do with HASHEM,
This is the criminal insanity tens of thousands of children are being brainwashed with in the insane asylum called SATMAR
FRUM BUT NORMAL
Hey you human waste you forgot to add to the list the over 1.5 million kids in the public school system that are getting a full fledged atheistic education and not just atheistic but an education full of hate to anything connected to Judaism with a total denial of the existence of Hashem, on you and those like you חז"ל told us ודע מה שתשיב לאפיקורס
11,49____ meanwhile your 1.5 atheistic kids don't bother anybody, while the believing kid thugs rampage on the streets, assaulting , vandalizing and stealing people's time. and the atheists provide toilet bowl water and garbage collection to the believers.
11:49 PM.
You are the perfect example of a satmar brainwashed zombie,those million kids in the Israeli public schools getting a secular education,it's the same reason that millions of jewish kids here in America are in public schools and the same reason that hundreds of thousands jewish kids in Europe are getting a secular education,IT IS BECAUSE THEIR PARENTS ARE SECULAR and that it what they want for their kids,this has nothing to do with Zionism,the sad fact is that 95% of Jews around the world are NOT religious.
as a matter of fact the percentage of religious jews in Israel is the highest than any other place in the world.
I know that what i just explained to you is beyond your comprehension,because your brain has been totally destroyed by that criminally insane Jew hating antisemitic CHINUCH you got in that hell hole called the SATMAR YESHIVA
FRUM BUT NORMAL
Satmar is just another group of insane muslims
Dos iz sheker, 3:44 PM.
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