Weak Euro To Continue Hitting Exporters

BMI View: Israeli exporters will see continued weakness in profitability for the remainder of 2015 given persistent shekel strength vis- a -vis the euro . Over the coming years however, the influx of gas from the Tamar field will cut energy costs for Israeli businesses and improve the export sector's prospects.Israeli exporters will see their profits subdued for the remainder of 2015, and decrease slightly in early 2016, as the shekel appreciates moderately against the euro and trades...

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