Moreover, since 1996 Israel has participated in various formats and committees of the OECD, mainly in the role of observer. The OECD is currently in the process of making decisions about the number of new members to be accepted into the organization, how the expansion will be implemented, and the standards to be required from the new members.
It has become a general principle that monetary authorities reserve only those currencies they believe are as strong or stronger than their own. Thus, central banks reserve balances except in special circumstance hold no weak currencies of which I am aware, other than standard transaction balances that are not viewed as stores of values.