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: 雷州市| 沭阳县| 舒兰市| 儋州市| 高陵县| 易门县| 东阿县| 沂源县| 金阳县| 成安县| 讷河市| 大宁县| 克东县| 渑池县| 隆尧县| 株洲县| 河曲县| 桂阳县| 赫章县| 淮滨县| 时尚| 鲁山县| 宜宾县| 白朗县| 长治市| 浦东新区| 日照市| 会泽县| 泸水县| 滁州市| 宝山区| 蓬莱市| 乐亭县| 琼海市| 明光市| 五家渠市| 洪江市| 舒兰市| 聂荣县| 临猗县| 大余县|