Israeli investors transfer $2.2bn abroad
6 Mar 2023; MEMO: The indices on the Tel Aviv Stock Exchange have declined by ten to 15 per cent compared to Stock Exchanges in the United States and Europe, as the Israeli shekel's value continues to decline against the US dollar and the euro.
The decline has prompted the Israeli public as well as companies to withdraw their funds and investment portfolios and transfer them abroad, according to a report published by the Times of Israel news website yesterday.
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