2017 natural gas sales worth $1.5 billion

The Bank of Israel is to purchase $1.5 billion of foreign currency in 2017 to offset projected sales of Israel’s natural gas windfall.  The purchases are intended to stop the Israeli Shekel from appreciating too much.

http://www.globes.co.il/en/article-boi-to-buy-15b-foreign-currency-in-2017-1001160993

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