After Oct 7, the Bank of Israel planned to sell up to $30 billion in foreign currency to support the Shekel if Israel’s currency came under pressure. Confidence in Israel is so high that no sales have been necessary for several months and Israel’s currency reserves increased by over $700 million last month.

https://en.globes.co.il/en/article-israels-foreign-exchange-reserves-rise-again-1001473140

https://en.globes.co.il/en/article-shekel-gains-to-strongest-for-9-months-against-dollar-1001472492