Global Trade Alert
Global Trade Alert

Israel: Reserve Requirement on Foreign Exchange Derivative Transactions by Nonresidents

Announcement

20 Jan 2011

In January 2011, the government of Israel announced a rule change for commercial cross-border financial flows.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

27 Jan 2011

Revocation date:

No revocation date

Updated: 20 Jan 2011
Controls on commercial transactions and investment instruments In force
On 20 January 2011, the Bank of Israel announced that it would implement reserve requirements for foreign exchange derivative transactions involving nonresidents. Effective 27 January 2011, Israeli ...
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