The shekel is strengthening and the Bank of Israel is not intervening

The shekel is strengthening and the Bank of Israel is not intervening
The shekel is strengthening and the Bank of Israel is not intervening

After falling for the first time in 9 months to a threshold below NIS 3.20, the dollar continues to fall and its representative rate is set at 3.185, after trading around 3.17. The euro is also at an all-time low, with its representative rate set at NIS 3,694. At present, the Bank of Israel is not trying to prevent the declines. In the background: the auditor’s report on the foreign exchange purchase plan

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