The Bank of Israel has instructed local banks to report more frequently on the movement of money in and out of Israel, a central bank spokesperson said
The spokesperson said banks have been instructed to make their reports weekly rather than monthly.
Analysts have tied the shekel's performance to uncertainty regarding Prime Minister Benjamin Netanyahu's plan to change Israel's court system. His proposal, which has already received initial parliamentry approval, would give the government greater sway on selecting judges and limit the power of the Supreme Court to strike down legislation.
Critics of the changes say Netanyahu - on trial on graft charges that he denies - is pursuing steps that will hurt Israel’s democratic checks and balances, enable corruption and bring diplomatic isolation.
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