Bank of Israel Press Release

PRESS RELEASE - Developments in the Foreign-Currency Market, 12 February.

Against the backdrop of the developments in the foreign-currency market, the Bank of Israel reiterates that neither the central bank nor the government has an exchange-rate target, and even if they had, it would be impossible to uphold it in opposition to market forces. Notwithstanding, local-currency depreciation can bolster economic growth only if it is not accompanied by accelerated inflation. As it has done in the past

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account