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Israel By C. Isaacs YERUSHALAYIM - View of the Bank of Israel main offices in Yerushalayim. (Yonatan Sindel/Flash90) The announcement of elections did nothing to weaken the shekel, which has become one of the strongest currencies worldwide. The U.S. dollar fell 0.7% to NIS 3.227 – the lowest since November 1996. On Tuesday, the Bank of Israel intervened in foreign exchange trading and purchased approximately a quarter of a billion dollars in an attempt to stop the currency from collapsing. Economists forecast the possibility of a dollar exchange rate of three shekels in the coming weeks.

Israel generalView of the bankஇஸ்ரேல் ஜநரல்பார்வை ஆஃப் தி வங்கி