One of the main challenges faced in recent years by Israel's economic policymakers, and most specifically the Bank of Israel (BoI), involves the issue of the strengthening of the shekel. The shekel’s strength has been a burden to Israel’s export sector and has also hurt domestic manufacturers that produce for the local market, as they must compete with cheap imports into Israel. It is expected this matter will remain to be an important economic agenda item to be dealt with in the coming years.
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