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Weaker shekel no longer protects Israel against inflation

The Bank of Israel bought $35 billion in foreign currency in 2021 to weaken the shekel. But in 2022 the picture has changed dramatically. ....

United States , Ronen Menachem , Israel Monetary Committee , Bank Mizrahi Tefahot , Consumer Price Index , Brock Israel , Anath Levin , Finance Avigdor Liberman ,