Foreign Currency Restrictions Eased
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Foreign Currency Restrictions Eased

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The Treasury and Bank of Israel announced Thursday an easing of foreign currency restrictions for Israelis travelling abroad and those who stay home. Starting immediately, Israelis travelling overseas may take $2,000 per person in U.S. currency. The previous limit was $800. Israelis may also hold foreign currency in the equivalent of $2,000 in their bank accounts and may send gifts of up to $1,000 abroad per year, up from $300.

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