The announcement of the Bank of Israel to sell 30 billion dollars of foreign currency in the open market for the first time
The Bank of Israel has announced to sell 30 billion dollars of foreign currency in the open market.
According to the news agency, as a result of the situation after the war between Hamas and Israel, the Bank of Israel has announced for the first time to sell 30 billion dollars of foreign currency in the open market.
The Bank of Israel says it will continue to review the situation and the markets and will act with all available procedures as appropriate.
The Bank of Israel said the swap mechanism would provide up to $15 billion of liquidity to the market.
According to the news agency, before the announcement by the Bank of Israel, the value of the Israeli currency was recorded at the lowest level in 7 and a half years, while the Bank of Israel's move is to take care of the declining value of the currency during the attacks by Hamas.
0 Comments