Steady as she goes

Israel’s foreign exchange reserves at the end of July 2011 stood at $77,943 million, an increase of $529 million from last month. The downgrading of US debt has been anticipated.
http://www.bankisrael.org.il/press/eng/110807/110807u.htm
http://www.bankisrael.org.il/press/eng/110807/110807b.htm

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