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Bank of Israel Buys $801 Million in Rare Market Intervention to Halt the Shekel’s Surge

The Bank of Israel purchased $801 million in May to stop the shekel from rising as the currency reached one of its strongest exchange rates against the U.S. dollar. Even so, the currency terminated May with its value ris...

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Bank of Israel Buys $801 Million in Rare Market Intervention to Halt the Shekel’s Surge
The Bank of Israel purchased $801 million in May to stop the shekel from rising as the currency reached one of its strongest exchange rates against the U.S. dollar. Even so, the currency terminated May with its value rising by 4.6%. Israel’s Shekel Hits New Highs Even As Bank Of Israel Intervenes in FX Markets […]

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This maps to the Institutional Adoption hub, so it can help confirm whether that theme is gaining breadth across the crypto news cycle.

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