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Shekel climbs, profits drop: What's next for Israeli exports if Bank of Israel stays idle?
Summary by Haaretz
1 Articles
1 Articles
Shekel climbs, profits drop: What's next for Israeli exports if Bank of Israel stays idle?
Israeli manufacturers are worried the strong shekel is hurting exports, shrinking profits and pushing companies to move abroad, as exports could fall by $10 billion and the government could lose over $3 billion in taxes. The central bank is holding off to avoid triggering inflation
·Tel Aviv-Yafo, Israel
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Total News Sources1
Leaning Left1Leaning Right0Center0Last UpdatedBias Distribution100% Left
Bias Distribution
- 100% of the sources lean Left
100% Left
L 100%
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