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
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