Tourists who bring foreign currency into Israel this year will receive an 80 percent bonus, the Israel Government announced this week-end.
Up to now, the government exchanged dollars for tourists at the rate of one dollar to a pound. Now, tourists purchasing a letter of credit will receive credit for their currency at the old rate, plus a cash bonus amounting to 80 percent of the total. However, certain reductions in the price of tourist accommodations will be abolished.
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.