Bank of Israel Confirms May Foreign Exchange Intervention

The Bank of Israel acknowledged it intervened in the foreign exchange market during May, a move aimed at stabilizing the shekel amid volatility. A monitored channel indicates the confirmation came via a public or official release, but no further details on scale or triggers were available in the batch.

2 developments

1. 6 days ago · 12:53 · 7 JunLatest

   Bank of Israel Confirms May Foreign Exchange Intervention

2. 12:41 · 7 Jun

   Bank of Israel Intervenes in Forex Market, Purchases $801 Million Amid Dollar Crash

• Developing2 days ago · 20:44 · 11 JunShekel strengthens along with markets amid Iran developments
• Developing4 days ago · 15:41 · 9 JunShekel trades mixed against major currencies, dollar dips 0.17%
• Developing2 days ago · 15:33 · 11 JunShekel strengthens, dollar dips to 2.965 shekels
• Developing2 days ago · 14:22 · 11 JunFinance Ministry drafts aid program amid dollar collapse

Source and signal

• Internal intake