The euro weakened by 0.4% to 4.246 shekels on Monday. Analysts' forecasts: The Bank of Israel is not expected to lower its interest rate. The CPI fell by 0.7% in February
Industry Committee Chairman Yoram Dvash: "Thanks for your hearty support and the back-up that you gave me that enabled us to turn a vision into reality."
Rio Tinto introduced its latest range of Argyle diamond jewelry collections during the Hong Kong International Jewellery Show.
The world’s biggest diamond producers, increasingly threatened by cheaper manmade stones being passed off as the real thing, held a private meeting this week to create their first-ever industry association.
The March Hong Kong show that took place last week was not a game changer for the diamond industry.
Buyers lacked confidence to make large inventory purchases and limited their buying to fill existing orders.
The Committee heads are Deputy IDE President, Hezi Bloom, and the Deputy President of the Israel Diamond Manufacturers Association, David De Toledo, while Emma Yanober and Yoram Dvash will also be on the panel.
