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Economy10:44 · Jul 7Compare full coverage across 3 outlets

Tel Aviv Stocks Fall as Bank of Israel Cuts Interest Rate, Dollar Strengthens

By ynet
Translated & summarized from Ynet by baba
Tel Aviv Stocks Fall as Bank of Israel Cuts Interest Rate, Dollar Strengthens
Editorial illustration generated by baba News — not a photograph of the event.
The story · English

Trading on the Tel Aviv Stock Exchange is experiencing declines following the Bank of Israel's decision yesterday to reduce the interest rate by 0.25 percentage points to 3.5%. The TA-35 index dropped by 1.5%, the TA-125 fell by 1.6%, and the TA-90 decreased by 2%. Concurrently, the US dollar has strengthened against the shekel, trading around 3.02 shekels per dollar.

Read the original at Ynet
Full coverage · 3 outlets
First: Globes · Jul 6

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