The International Monetary Fund has agreed to an Israel Government purchase of the equivalent of $22.5 million in foreign currencies. The purchase will be used to lessen the impact on Israel’s reserves of a deterioration in the country’s balance of payments and in support of measures designed to correct it over a period of adjustment. Israel’s quota in the fund is $90 million and its outstanding purchases total $22.5 million.
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.
