Israel’s currency reserves

I often report (see here) on Israel’s reserves of foreign currency which increased by $14.6 billion in 2017 to a record $113 billion. The Bank of Israel invested this, earning a 3% return – nearly twice the average rate of return for the previous three years.

http://www.boi.org.il/en/NewsAndPublications/PressReleases/Pages/13-3-18.aspx

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