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Why is the shekel falling against the dollar?

The shekel again weakened Monday against the dollar and against the euro.

In early afternoon inter-bank trading, the shekel-dollar rate was up 0.43%, at NIS 3.683/$, and the shekel-euro rate was up 0.93%, at NIS 3.939/€.

What lies behind the depreciation of the shekel ?

KAN's Mark Weiss spoke to Yossi Fraiman, CEO at Prico Investment House.

(Photo:Cortesy)

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