Friday's intervention to buy USD against the shekel will continue says central bank

The Bank of Israel reportedly bought a 'medium' amount of USD against the shekel on Friday

  • Governor Karnit Flug says intervention will continue
  • Weakening the shekel is aimed at supporting export growth

(The shekel hit a record high against a basket of currencies including the dollar and the euro on Thursday)

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

More Related Articles

Sign up for Smart Investing to get the latest news, strategies and tips to help you invest smarter.