国产精品99一区二区三_免费中文日韩_国产在线精品一区二区_日本成人手机在线

Israel central bank to end forex purchase plan

Source: Xinhua| 2018-11-13 05:56:00|Editor: Mu Xuequan
Video PlayerClose

JERUSALEM, Nov. 12 (Xinhua) -- The Bank of Israel announced on Monday the termination of its foreign currency purchases program aimed at offsetting the effect of natural gas production on the exchange rate.

In 2013, the bank purchased 2.1 billion U.S. dollars in this program and in 2016 and 2017, it has purchased 1.5 billion U.S. dollars each year.

The Bank of Israel began to intervene in the foreign currency market as of August 2009 and purchased U.S. dollars in the market in order to moderate the appreciation of the new shekel to prevent a decrease in the exporters' profits.

Earlier this year, the bank published a study, according to which all purchases made by the bank weakened the new shekel by two to three percent, while in more intensive periods the effect reached four to six percent.

In response to the bank's announcement, the U.S. dollar recorded a sharp downward trend, moving from an increase of 0.2 percent to a decrease of 0.36 percent against the Israeli new shekel.

TOP STORIES
EDITOR’S CHOICE
MOST VIEWED
EXPLORE XINHUANET
010020070750000000000000011105091299922861
主站蜘蛛池模板: 子长县| 丰宁| 和林格尔县| 双流县| 浦江县| 文安县| 仁布县| 杭锦旗| 贞丰县| 桐梓县| 会东县| 桃江县| 西峡县| 鸡西市| 横山县| 龙口市| 丰镇市| 淳安县| 甘德县| 如皋市| 长阳| 肇东市| 楚雄市| 左权县| 从化市| 剑阁县| 大名县| 上饶县| 祁阳县| 独山县| 彰武县| 曲阳县| 永宁县| 杂多县| 萍乡市| 苏尼特左旗| 娄烦县| 昭苏县| 廉江市| 来安县| 玉树县|