The Bank of Israel has bought, from the start of the year until November, some $17 billion worth of USD/foreign currency.

“The Bank of Israel intends to continue the policy in the foreign exchange market in 2021 as well and to purchase foreign currency necessary to prevent the appreciation from continuing,” Amir Yaron, Bank of Israel Governor, said at the Eli Hurvitz Conference on Economics and Society for 2020, organized by the Israel Democracy Institute.

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