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ISRAEL AT WAR - DAY 592

foreign currency reserves

Bank of Israel Governor Amir Yaron speaks during a press conference at the Bank of Israel in Jerusalem, on January 7, 2019. (Noam Revkin Fenton/Flash90)
November 7, 2023, 6:49 pm
Bank of Israel sold $8.2 billion since war started to protect shekel from collapse
Foreign reserves fall to lowest level in a year after central bank’s currency interventions in October, helping shekel to recover all of its war losses
By Sharon Wrobel
An Israeli woman wears a face mask for fear of the coronavirus while shopping in Ramle, March 19, 2020. (Yossi Aloni/Flash90)
March 19, 2020, 8:12 pm
Tel Aviv Stock Exchange jumps, shekel gains ground following bank intervention
Unemployment hits historic highs, with up to 7,000 Israelis filing per hour; S&P global rating agency predicts global recession, but says Israel on good footing
By Luke Tress
Bank of Israel Governor Karnit Flug speaks during a press conference in Jerusalem on March 31, 2015. (Yonatan Sindel/Flash90)
March 19, 2017, 1:46 pm
Bank of Israel forex buying slows shekel’s gains, study shows
Every $100 million purchased by the central bank led to depreciation of 0.07–0.09 percent from 2009 to 2015
By Shoshanna Solomon
Finance Minister Moshe Kahlon (right) with Bank of Israel Governor Karnit Flug, June 3, 2015. (Yonatan Sindel/Flash90)
February 5, 2017, 4:55 pm
Bank of Israel chief says don’t cut taxes, raise services
Karnit Flug laments low rate of social spending, significantly under OECD average
By Shoshanna Solomon
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