Israeli shekel drops 6 percent

Jan. 3, 2002 at 12:10 PM

TEL AVIV, Israel, Jan. 3 (UPI) -- The value of the Israeli shekel dropped Thursday, to a record NIS 4.473 to the U.S. dollar. That marks a 6.2 percent drop within two weeks. Finance Minister Silvan Shalom said the process was "one of the best tidings in a long time."

Related UPI Stories
Latest Headlines
Trending Stories
Vatican: Pope's meeting with Kim Davis not a show of support
Potential male contraceptive found in study with mice
Cancer and height are linked, new study shows
Hacker may have exposed data of 15 million T-Mobile customers
Education Secretary Arne Duncan to step down in December