Data collated by Meitav shows that the public's faith in the shekel stands firm. Shekel-denominated mutual funds reported NIS 614 million positive accrual in October, while the public withdrew NIS 260 million from foreign currency-denominated funds.

From the beginning of the year, shekel-denominated mutuals have accrued NIS 3.4 million.

Total assets in mutuals stood at NIS 53 billion at the end of October.

Bond investment funds brought in NIS 98 million during October, Meitav reported.