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Passover II Eve is a public holiday in Israel marking the conclusion of the Passover festival period. During this day, financial and commercial activities are significantly reduced, and the Tel Aviv Stock Exchange (TASE) is closed for trading. This holiday affects market liquidity for the Israeli Shekel as domestic banks and government offices are shut down. It is a period of low volatility but also low volume in regional markets.
This is a calendar event based on the Hebrew calendar; it is not a calculated economic indicator. Its occurrence varies annually relative to the Gregorian calendar.
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