Sentences with phrase «foreign shekels»
Not exact matches
In February 2014, Finance Minister Yair Lapid and Economy Minister Naftali Bennett announced steps to help Israeli exporters, who were facing difficulties competing in foreign markets due to the strengthening value of the shekel.
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We continue to estimate that a large foreign currency supply will bring about the continued strengthening of the shekel but the Bank of Israel is keeping its policy secret and wants to create uncertainty, not necessarily showing its cards and letting market forces swiftly push the exchange rate down.»
«Various reports say that the Bank of Israel said at a meeting with foreign banks that it does not plan intervening in the foreign currency trading market on a significant scale and this persuaded the banks that the shekel was about to strengthen.