Shekel Slide: Good in the Past, Bad in the Present
tamritz.substack.com
In March, I wrote that the shekel did not fully reflect the 'Caligula effect', the dangers stemming from the extreme and irrational behavior of the Prime Minister. I predicted that at some point, the shekel would cross the 3.80 to the dollar mark. This occurred last week. However, as of now, the shekel has slightly appreciated and is hovering around an exchange rate of 3.79 NIS to the dollar. Today, I am optimistic about the shekel's future, as I believe the coup has mostly lost its momentum in the Knesset. If I'm proven wrong, and Bibi indeed has a trick up his sleeve, the shekel might further deteriorate
Shekel Slide: Good in the Past, Bad in the Present
Shekel Slide: Good in the Past, Bad in the…
Shekel Slide: Good in the Past, Bad in the Present
In March, I wrote that the shekel did not fully reflect the 'Caligula effect', the dangers stemming from the extreme and irrational behavior of the Prime Minister. I predicted that at some point, the shekel would cross the 3.80 to the dollar mark. This occurred last week. However, as of now, the shekel has slightly appreciated and is hovering around an exchange rate of 3.79 NIS to the dollar. Today, I am optimistic about the shekel's future, as I believe the coup has mostly lost its momentum in the Knesset. If I'm proven wrong, and Bibi indeed has a trick up his sleeve, the shekel might further deteriorate