The rise of the Shekel

The strength of Israel’s economy is reflected in the high value of its currency. The Bank of Israel has announced that it will purchase $30 billion of foreign currency in 2021 to curb the rise of the Shekel and help keep Israeli exports competitive.

https://www.timesofisrael.com/bank-of-israel-to-buy-30-billion-in-forex-in-2021-to-curb-shekel-rise/

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