Israel’s reserves fall by $7.3bn in defense of shekel

Reserves dropped by $7.3 billion, or 3.7%, to $191.2 billion, according to the central bank.

Israel’s foreign reserves fell by more than $7 billion in October as the central bank sought to defend the shekel following the start of the country’s war with Hamas.

Reserves dropped by $7.3 billion, or 3.7%, to $191.2 billion, according to the central bank.

Source:bloomberg

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