Oh No! The Dollar is Falling Off a Cliff

Oh No! The Dollar is Falling Off a Cliff

Published by kidmercuryblog
05-16-2008

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Oh No! The Dollar is Falling Off a Cliff

Today the dollar closed at 3.3 shekels to the dollar. That is a big hit for Israeli companies who raised dollars or sell in dollars but pay salaries in Shekels. I have written about this before here and here. The graphic below sums it ...

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