(Bloomberg) -- Israel's benchmark Shahar bond rose
for a fifth day as investors expressed confidence that the shekel
will strengthen against the dollar.
The Israeli currency reached a nine-year high against the
dollar in mid-May and has since slid 8 percent. It will probably
maintain its strength now or rise as the dollar weakens further
in international markets, UBS AG said.
Read more at Bloomberg Bonds News
for a fifth day as investors expressed confidence that the shekel
will strengthen against the dollar.
The Israeli currency reached a nine-year high against the
dollar in mid-May and has since slid 8 percent. It will probably
maintain its strength now or rise as the dollar weakens further
in international markets, UBS AG said.
Read more at Bloomberg Bonds News
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