ISRAEL & THE REGION
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Economy / Analysis

Most of August’s reserve increase came from revaluation

The Bank of Israel reported a $2.85 billion monthly rise in reserves, with approximately $2.59 billion attributed to revaluation. A larger balance is not automatically a purchase.

Society and the region

Society / Analysis

Mobile post-dated cheques separate deposit from payment

Israel’s announced service allows a cheque image to be submitted ahead of its payment date. The September notice describes a gradual rollout, with full availability expected during October.

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