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 the value of the shekel keeps rising due to global confidence in the Israeli economy.
https://www.boi.org.il/en/NewsAndPublications/PressReleases/Pages/7-2-21.aspx