The Israel Treasury today again eased currency restrictions with a decision to allow recipients of restitution payments from West Germany to retain one-third of such funds in foreign currency for unrestricted use abroad. The remaining two-thirds must be exchanged for Israel currency.
The recipients also will receive a 20 percent premium for the two-thirds, in addition to the official 1. 8 pounds per dollar rate.
The Archive of the Jewish Telegraphic Agency includes articles published from 1923 to 2008. Archive stories reflect the journalistic standards and practices of the time they were published.