Israel's central bank says to buy 30 bln USD in 2021 to curb shekel's strengthening


  • World
  • Friday, 15 Jan 2021

JERUSALEM, Jan. 14 (Xinhua) -- Israel's central bank announced on Thursday that it will purchase 30 billion U.S. dollars in 2021, in a bid to curb the continued strengthening of the Israeli shekel against the dollar.

The shekel's exchange rate against the dollar was quoted at 3.116 shekels for 1 dollar on Thursday, the lowest since April 1, 1996 when the rate was at 3.107.

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