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Wednesday, 09/19/2007 4:33:13 AM

Wednesday, September 19, 2007 4:33:13 AM

Post# of 52
Shekel appreciates sharply following Fed rate decision
The US Federal Reserve Bank lowered interest rates by 0.5%, and US markets surged.
Globes' correspondent 19 Sep 07 09:51
The shekel is gaining ground sharply against the dollar, with the shekel-dollar exchange rate falling 1.3% to NIS 4.05/$.
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