The Bank of Israel has made a final decision to issue 200-shekel banknotes.

The Bank of Israel has said it has no plans to cancel the 200-shekel banknotes. The press release noted that the decision to cancel the notes is made by the head of the Central Bank, not the government. The head of government has expressed the idea of ​​canceling large notes to combat crime, but only the Central Bank can make such a decision.

Following the Central Bank's announcement, Israelis began buying up dollars to get rid of 200-shekel bills. Banks reported an increase in requests to exchange bills, which led to an influx of customers to banking institutions and exchange offices. Some exchange offices faced a shortage of dollars due to the increased demand.

Demand for foreign currency purchases with 200-shekel bills has increased significantly, leading to a shortage of dollars at some exchange offices. As a result, many customers are turning to other financial institutions due to the decrease in the number of banks offering bill exchange services.

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