Search Results for: reserves

20% of IDF reserves are hi-tech workers

Posted on February 11, 2024

Although hi-tech workers constitute only 10% of Israel’s employees, they make up 20% of the IDF’s reserve forces.  Interesting, but not sure what to make of that!  (Probably due to them being relatively young.) https://www.calcalistech.com/ctechnews/article/hku9ilrq6

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Foreign exchange reserves

Posted on January 15, 2024

Israel’s foreign exchange reserves rose by $6.468 billion in Dec 23 to end the year at $204.367 billion, close to record levels. The value of the Shekel has risen, despite an expectation that the Shekel would depreciate due to the … Continue reading →

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Seasoning that preserves meat

Posted on December 31, 2023

Researchers at the Hebrew University of Jerusalem have developed MeatCrust – a natural antioxidant for meat preservation. The seasoning forms a crust that prevents the fatty acids in meat react with oxygen to cause rancidity. https://nocamels.com/2023/12/new-seasoning-both-flavors-your-meat-and-stops-it-turning-bad/ https://www.yissum.co.il/technology/meatcrust-as-a-natural-antioxidant-for-meat-preservation/

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Record currency reserves; deficit down again

Posted on September 19, 2021

During August, Israel’s foreign currency reserves rose by over $4 billion to almost $206 billion. Israel’s cumulative fiscal deficit fell from 9.2% at end July (see here previously), to 8% at the end of August. https://www.boi.org.il/en/NewsAndPublications/PressReleases/Pages/05-09-21.aspx https://en.globes.co.il/en/article-israels-fiscal-deficit-narrows-to-8-1001384647

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Another record for currency reserves

Posted on August 8, 2021

Israel’s reserves of foreign currency reached a new record of over $201 billion at the end of July – an increase of over $1.5 billion on its end of June level. https://www.boi.org.il/en/NewsAndPublications/PressReleases/Pages/5-08-21.aspx

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Another rise in currency reserves

Posted on March 14, 2021

Israel’s reserves of foreign currency reached another record level at the end of February. The total of just over $185 billion was $5.59 billion more than the total at the end of January. https://www.boi.org.il/en/NewsAndPublications/PressReleases/Pages/07-3-21.aspx

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Even more reserves

Posted on February 21, 2021

Almost every month Israel hits a new record for its reserves of foreign currency deposits. In Jan 2021 they rose by another six billion dollars to almost $180 billion. The Bank of Israel is selling Shekels to encourage exports, but … Continue reading →

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New record for foreign currency reserves

Posted on January 10, 2021

The Bank of Israel has used the strengthening of the Shekel to purchase more foreign currency.  The reserves leaped by over $6 billion in the last month of 2020 to a new record of more than $173 billion. https://www.boi.org.il/en/NewsAndPublications/PressReleases/Pages/7-1-21.aspx

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New record for currency reserves

Posted on December 13, 2020

Israel’s reserves of foreign currency soared again last month. At the end of November, Israel held nearly $167 billion of foreign currency – over $6 billion more than at the end of October. https://www.boi.org.il/en/NewsAndPublications/PressReleases/Pages/07-12-2020.aspx

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Currency reserves break another record

Posted on September 13, 2020

Israel’s reserves of foreign currency rose by another $4 billion to a more than $161 billion – the fifth consecutive month they have reached record levels. https://www.boi.org.il/en/NewsAndPublications/PressReleases/Pages/07-09-20.aspx

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