Israel’s Shekel Rides High On Robust Growth (EIS)

By: Stock Market News & Stocks to Watch from StraightStocks

Posted on May 17, 2011 at 03:34 AM EDT

Israel's currency is gaining ground on major currencies after strong growth results. On Monday, the Central Bureau of Statistics announced that Israel's GDP grew by an annualized rate of 4.7% in the first quarter of 2011.

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