Gil Bufman - Bank Leumi

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Last quote by Gil Bufman

If you are importing less petroleum and coal it will put long term pressure on the shekel (to strengthen). I am not sure the way to go is forex intervention because you have enormous pressures for (shekel) appreciation over the long term that are not going to go away. Are you going to fight the market forever? The market has the ability to beat the central bank.feedback
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Mar 08 2017 Oil
This page is completely dedicated to what Gil Bufman has to say. All of Gil Bufman’s quotes are organized here by date and topic. The most recent quote attributed to Gil Bufman came from an article called Bank of Israel under fire over decade-long currency intervention: “If you are importing less petroleum and coal it will put long term pressure on the shekel (to strengthen). I am not sure the way to go is forex intervention because you have enormous pressures for (shekel) appreciation over the long term that are not going to go away. Are you going to fight the market forever? The market has the ability to beat the central bank.”.
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