Bank of Israel Buys $801 Million in Forex Amid Shekel Volatility
The Bank of Israel purchased $801 million in foreign currency in May to stabilize the shekel amid its volatility, pushing reserves to a record high in Israel.
The Bank of Israel purchased $801 million in foreign currency in May to stabilize the shekel amid its volatility, pushing reserves to a record high in Israel.
Bank of Israel cuts its key interest rate to 4%, defying economist forecasts for the second time. This move reflects 2.4% inflation and a strong shekel.
The Bank of Israel released end-of-day shekel exchange rates on June 11, 2026, detailing daily fluctuations against the US Dollar, Euro, and other currencies.
The Bank of Israel released end-of-day currency exchange rates for June 10, 2026, with the US Dollar trading at 2.9730 NIS and other major currencies showing.
The Bank of Israel released end-of-day shekel exchange rates for Tuesday, June 9, 2026, detailing shifts against currencies like the US dollar and Euro.
The Bank of Israel released end-of-day Shekel exchange rates for Monday, June 8, 2026, with the US Dollar seeing a significant increase.
Israel's foreign exchange reserves rose to $238.681 billion in May 2026, boosted by market stabilization efforts and asset revaluation, according to the Bank of.
Finance Minister Bezalel Smotrich has established a task force to address the impact of a strong shekel on Israel's high-tech sector.
The Bank of Israel released end-of-day shekel exchange rates on Thursday, June 4, 2026, detailing currency values.
The Bank of Israel set end-of-day exchange rates on Tuesday, June 2, 2026, with the US Dollar and Euro showing slight increases against the Shekel.
The Bank of Israel released end-of-day shekel exchange rates for Monday, June 1, 2026, detailing daily fluctuations against key global currencies.
The Bank of Israel released end-of-day shekel exchange rates for May 28, 2026, with the Israeli currency weakening against the US dollar, Euro, and Pound.