S7/10Economic

Israel’s Central Bank Intervened in FX Trade to Curb Shekel

The Bank of Israel intervened in the foreign exchange market in May, purchasing $801 million as the shekel reached the strongest level in over three decades.

07 Jun 2026, 11:44 UTCSource: Bloomberg MarketsOriginal source

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⚠️ This is a probabilistic forecast, not a guarantee. Accuracy is measured only on resolved scenarios; monitor confirmation indicators below.
A
Escalation98% model probability

Confirmation indicators

  • 1) A public statement from the Israeli government directly linking the central bank's actions to a “defense” strategy against economic aggression. 2) An increase in diplomatic tensions between Israel and neighboring Arab nations, reflected in increased press reports of military exercises or heightened rhetoric.
  • Time Horizon: Days to weeks
Horizon: 7–30 days
B
Status quo35% model probability

Confirmation indicators

  • 1) A public statement from the Israeli government directly linking the central bank's actions to a “defense” strategy against economic aggression. 2) An increase in diplomatic tensions between Israel and neighboring Arab nations, reflected in increased press reports of military exercises or heightened rhetoric.
  • Time Horizon: Days to weeks
Horizon: 7–30 days
C
De-escalation13% model probability

Confirmation indicators

  • 1) A public statement from the Israeli government directly linking the central bank's actions to a “defense” strategy against economic aggression. 2) An increase in diplomatic tensions between Israel and neighboring Arab nations, reflected in increased press reports of military exercises or heightened rhetoric.
  • Time Horizon: Days to weeks
Horizon: 7–30 days