Economy10:43 · Jul 7
Bank of Israel Intervenes in Forex Market Again in June with $1 Billion Purchase
Calcalist
Translated & summarized from Calcalist by baba
The story · English
The Bank of Israel continued its intervention in the foreign exchange market in June by purchasing $1 billion. This followed a previous intervention in May, when the bank bought $800 million. According to the Bank of Israel, the June intervention was carried out "selectively to maintain the orderly functioning of the markets." The central bank's ongoing actions aim to stabilize market activity amid fluctuating conditions.
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