Israel’s foreign exchange reserves November 2017 hit a record $112.079 billion

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Israel’s foreign exchange reserves at the end of November 2017 amounted to a record $112.079 billion, up $770 million from the end of October, the Bank of Israel reports. The reserves represent 32.9% of GDP. The reserves rose even though the Bank of Israel purchased no foreign currency in November. The rise was the result of…


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