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Israel’s Central Bank Intervened in FX Trade to Curb Shekel

Israel’s Central Bank Intervened in FX Trade to Curb Shekel
Key Points

The headquarters of Israel's central bank in Jerusalem, Israel, on Monday, July 8, 2024. Israel’s central bank held interest rates for a fourth consecutive time, extending a pause likely to stretch for several months amid fears that fighting against regional militant groups Hamas and Hezbollah could escalate.

The headquarters of Israel's central bank in Jerusalem, Israel, on Monday, July 8, 2024. Israel’s central bank held interest rates for a fourth consecutive time, extending a pause likely to stretch for several months amid fears that fighting against regional militant groups Hamas and Hezbollah could escalate.
Israel (LOCATION) Central Bank Intervened (ORG) FX Trade (ORG) Jerusalem (LOCATION) Hamas (ORG) Hezbollah (ORG)
Originally published by Bloomberg Markets Read original →