The shekel is strong and is expected to continue strengthening. Two reasons: "The first is Israel’s large balance of payments surplus. The second is that financial institutions will start to reduce their currency exposure. TASE is better than foreign bourses."
Globes: Following the military changes that have taken place in the region, the shekel is now at a new equilibrium level and can only strengthen.
My daughters have grown up, all have academic degrees, are married, have healthy children, and own property. When arriving in Vienna in 1956, we were so destitute that we had to beg and sleep in a police cell. I still remember the coarse jail blanket and the frozen walls. It was winter.
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