According to the Central Bank, the Purchases - Totaling $800 Million in May - Were a One-off Measure

Official says central bank bought $801 million in May to counter irregular forex activity, not steer the shekel, as brokers report another possible intervention

Explore the impact of the Israel shekel's strength on the economy and tech sector amid central bank interventions.

The Bank of Israel purchased $801 million in foreign currency in May 2026, its first FX intervention since 2022, as the shekel neared a 33-year high.

According to the Central Bank, the Purchases - Totaling $800 Million in May - Were a One-off Measure