Suddenly, and without warning, the dollar rose versus the Israeli
shekel in the Palestinian territories, after having been the dollar
decline over the past ten days in front of other currencies, because of
the surprise victory of the new US president Donald Trump.But what happened to the dollar rises abruptly at this time? Which is more accurate to say? The dollar rose, or the value of the shekel declined?
Confirmed economic analyst, Samir Abu pampered, the shekel, which fell rather than the dollar, which rose, on the grounds that all currencies were fixed price during the last period, and there was no decline occurs against the dollar.
He pointed out that a better exchange rate to the dollar was in the second quarter of this year as a result of growth in the Israeli economy, which rose 3.7, and thus raise the value of the shekel against the dollar.
He said Abu spoiled, "At the present time, we have seen a decline in the growth of Israel's economy, adding to the instability of the global markets, during the last period, particularly in the US election period, it all led to a rise in the dollar against the shekel, which is classified as weakness in the currency of the shekel."
He pointed out that the coming period may see a rise in the dollar against most other world currencies, including the Israeli currency, as a result of the US Federal orientations, to raise interest rates during the last quarter of this year
With regard to oil, he surmised that the witness is also a rise in prices, but in a balanced manner, and is accelerating, indicating that the price of a barrel of oil up to US $ 30 per barrel.
The economic analyst, d. Recep particular, he said: The dollar is influenced by economic and political factors, as well as higher crude oil prices, increased demand for the dollar has risen so dramatically.
He continued: "the conditions of the US economy, which is going at a steady pace in this particular time, and take of policies by the Federation Council, contributed significantly to a rise of the dollar against the other currencies."
He predicted Recep dollar should not rise too much of the lack of strong and effective justification affect it, The rise and fall periodically happens in all the world, but with regard to Palestine, the exchange rate may vary from Gaza to the West Bank.
Regarding Palmtouka of gold in the coming period, he pointed out that it will also have a limited rise like the dollar, stressing that rises in the dollar, gold and oil suggests that the global economy in the case of interaction, especially after the US election that produced a new administration, noting that swung the dollar rate comes reaction of global markets, and also to the lack of clarity in US policy in the coming period.
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