Dollar Rises 0.03% to NIS 3.367; Bank of Israel Acquires About $100 Mln

The currency basket exchange rate rose 0.02% to NIS 3.6536, 6.995% below the median rate.

The representative dollar exchange rate rose 0.03% today to NIS 3.367. The currency basket exchange rate rose 0.02% to NIS 3.6536, 6.995% below the median rate.

There was significant supply today during foreign currency trading and Bank of Israel was forced to acquire about $100 million, about half the sum it acquired yesterday, in order to protect the slant mechanism.

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