What is Bank of Israel (Boi) foreign exchange rate?
The Bank of Israel (BOI) foreign exchange rate refers to the rate at which the Bank of Israel exchanges foreign currencies. It indicates the value of one currency in relation to another and is often expressed as the number of units of one currency that can be exchanged for one unit of another currency.
How does the bank of Israel calculate exchange rates?
I want to understand the methodology behind the calculation of exchange rates by the Bank of Israel. How do they determine the rates for different currencies?