The Israeli currency, according to the latest data, fell by 1.8% to 3.9146 per dollar. This is the weakest value considering the last eight years. For this reason, the same banking institution has reported that it will sell up to 30 billion dollars within a market support program and that it will provide additional liquidity of up to 15 billion dollars on the market
The Bank of Israel has announced that it will sell up to 30 billion dollars as part of a market support program, following the recent attack by Hamas militants (ALL NEWS LIVE). The central bank, as also reported by “Bloomberg”, will act in the market with the aim of softening the volatility in the shekel exchange rate and thus providing the necessary liquidity. The Israeli currency, according to the latest data, fell by 1.8% to 3.9146 per dollar. This is the weakest value considering the last eight years. The same banking institution then underlined that it will provide additional liquidity of up to 15 billion dollars on the market.
Stock indices
In the last few hours, among other things, a fall has been recorded in both stocks and bonds. The main stock indices of the Tel Aviv stock exchange TA-125 and TA-35, in fact, fell by almost 7%, especially due to the collapse of banking stocks, which fell by 9%. The prices of Israeli government bonds fell by around 3%.
Source-tg24.sky.it