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Israel’s foreign exchange reserves at the end of August 2026 stood at $241,641 million, an increase of $2,850 million from their level at the end of the previous month. The level of the reserves relative to GDP was 34.9 percent (Figure 1).
The increase was mainly the result of a revaluation[1] that increased the reserves by approximately $2,590 million, and the government’s foreign exchange activities totaling about $330 million.
Israel's Foreign Exchange Reserves ($ million)
|
Date |
Reserves excluding IMF |
Reserves at the IMF[2] |
Total Foreign Exchange Reserves |
|
August 2026 |
237,040 |
4,601 |
241,641 |
|
July 2026 |
234,219 |
4,572c |
238,791c |
|
June 2026 |
234,199 |
4,500 |
238,699 |
|
May 2026 |
234,098 |
4,583 |
238,681 |
|
April 2026 |
231,113c |
4,615 |
235,728c |
|
March 2026 |
224,832c |
4,574 |
229,406c |
|
February 2026 |
229,896c |
4,636 |
234,532c |
|
January 2026 |
228,346c |
4,682 |
233,028c |
|
December 2025 |
224,834c |
4,674c |
229,508c |
|
November 2025 |
226,794 |
4,631 |
231,425 |
|
October 2025 |
227,295 |
4,659 |
231,954 |
|
September 2025 |
227,246 |
4,634 |
231,880 |
|
August 2025 |
225,694c |
4,626 |
230,320c |
Figure 1
Level of foreign exchange reserves, and their ratio to GDP, 2008–2026
a Includes Bank of Israel payments and receipts in foreign currency.
b This column includes Special Drawing Rights (SDRs), the balance of NAB loans, and the balance of Israel's reserve tranche at the IMF.
c Updated after the original date of publication.