Israel
By Hamodia Staff
YERUSHALAYIM -
Governor of the Bank of Israel Amir Yaron. (Yonatan Sindel/Flash90)
Bank of Israel Governor Amir Yaron said on Monday that the BoI’s foreign currency purchases will continue, in order to help exporters and facilitate the economic recovery from pandemic shutdowns.
“The Bank of Israel intends to continue the policy in the foreign exchange market in 2021 as well and to purchase foreign currency necessary to prevent the appreciation from continuing,” Yaron said at the Eli Hurvitz Conference on Economics and Society for 2020, organized by the Israel Democracy Institute, according to The Times of Israel.
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