Tel Aviv - (dpa) - Bank of Israel Governor Amir Yaron said that the bank is studying "a more diversified set of instruments and currencies" to invest its growing reserves.
He explained in an interview with "Bloomberg Television" that the bank "will enter" into a broader set of instruments, including bonds and stocks that are higher in risk and with a higher return.
He added that this would be "part of our way of enhancing the total return on these reserves, because we are looking for a return on our investments."
It should be noted that Israel adds the yuan to its reserves, estimated at $206 billion.
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The Israeli Central Bank is studying new tools to invest its growing reserves