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Cat-and-Mouse Shekel Game Awaits Rate Stance: Decision Day Guide

  • Central bank to issue rate decision Wednesday; hold predicted
  • Strong shekel has depressed inflation, creating policy dilemma
The Bank of Israel.

The Bank of Israel.

Photographer: Eddie Gerald/Getty Images

Updated on

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The Bank of Israel may have to show its cards on the currency this week or risk the market calling its bluff.