MOSCOW, Oct. 9 The Bank of Israel said, that will sell up to $30 billion of currency as part of a program to support markets amid the escalation of the conflict, Bloomberg reports, citing a statement from the bank.
“The Bank of Israel said it will sell up to $30 billion as part of a program to support markets,” the agency quoted the bank as saying.
According to a statement issued on Monday, the central bank's work over the coming period will be aimed at smoothing out the volatility of the shekel exchange rate and ensuring the necessary liquidity.
On Saturday morning, Israel was hit by an unprecedented rocket attack from the Gaza Strip. The press service of the Israeli army said that more than 3 thousand rockets were launched. In addition, Hamas fighters, after massive rocket attacks, penetrated into the border areas in southern Israel.
The military wing of the Palestinian movement Hamas on Saturday announced Operation Al-Aqsa Flood against Israel. The Israel Defense Forces announced the launch of Operation Iron Swords against Hamas in the Gaza Strip. Israeli Prime Minister Benjamin Netanyahu, in an address to the nation, said that the country was in a state of war and said that he had ordered a widespread mobilization of reserves. The Israeli military is clearing populated areas.
The death toll of Israeli residents as a result of the escalation of the Israeli-Palestinian conflict has exceeded 700 people, the i24 News channel reported on Sunday evening. According to the latest data from the Palestinian Ministry of Health, the death toll as a result of Israeli strikes on the Gaza Strip has exceeded 400 people, with 2,300 injured.
The Al-Qassam Brigades (the military wing of Hamas) said they had captured dozens of Israeli soldiers and officers. Hamas Politburo member Musa Abu Marzouk later said that more than 100 Israeli citizens, including high-ranking military officials, were captured and held in the Gaza Strip.
Russia calls on Israel and Palestine to cease fire and return to the negotiating table, said Deputy Foreign Minister of the Russian Federation Mikhail Bogdanov. Russian Permanent Representative to the UN Vasily Nebenzya said that at a closed meeting of the Security Council on the situation in the Palestinian-Israeli conflict zone, he called for an immediate cessation of fighting and a transition to substantive negotiations.
The Palestinian-Israeli conflict, related to the territorial interests of the parties, has been a source of tension and clashes in the region for many decades. A UN decision with the active role of the USSR in 1947 determined the creation of two states — Israel and Palestine, but only the Israeli one was created. Israel, while declaring agreement with the two-state principle, did not completely liberate the Palestinian territories.
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