Bank of Israel Intervenes for Fourth Time in Four Weeks, Lifting the Dollar
'If it becomes apparent that Syria is again restraining itself, the shekel will resume its appreciation,' forex trader FXCM says.
The Bank of Israel spent tens of millions of dollars Monday morning buying the greenback – its fourth intervention since April 8 in a bid to tame the surging shekel.
Want to enjoy 'Zen' reading - with no ads and just the article? Subscribe today