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2010.08.1815:16:00UTC+00US Dollar Drops To 1-week Low Versus Israeli Shekel

Extending European session downtrend, the US dollar declined further against the Israeli shekel in New York trading on Wednesday. At 10:40 am ET, the greenback dropped to a 1-week low of 3.7638 versus the shekel, compared to 3.7801 hit late New York Tuesday. Thereafter, the pair reversed its direction and currently trading near 3.7723.

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