Full press release
Full Graph
The increase was the result of:
a. Foreign exchange purchases by the Bank of Israel totaling $1,923 million.
b. An absorption of short-term dollar credit totaling $700 million from the financial system.[a]
c. Government transfers from abroad totaling approximately $5,149 million.
d. A revaluation[1] that increased the reserves by approximately $1,688 million.
The increase was partly offset by private sector transfers of approximately $494 million.
Israel's Foreign Exchange Reserves ($ million)
|
Date |
Reserves excluding IMF (including reserves bought under the natural gas purchase program) |
Reserves at the IMF[c] |
Total Foreign Exchange Reserves |
|
May 2019 |
116,485 |
1,639 |
118,124 |
|
June 2019 |
118,460 |
1,648 |
120,108 |
|
July 2019 |
118,309 |
1,685 |
119,994 |
|
August 2019 |
118,134d |
1,678d |
119,812 |
|
September 2019 |
117,797d |
1,672 |
119,469d |
|
October 2019 |
119,671 |
1,690 |
121,361 |
|
November 2019 |
120,702 |
1,681 |
122,383 |
|
December 2019 |
124,253d |
1,761d |
126,014d |
|
January 2020 |
128,234d |
1,744 |
129,978d |
|
February 2020 |
129,451d |
1,725 |
131,176d |
|
March 2020 |
124,231d |
1,710 |
125,941d |
|
April 2020 |
131,755d |
1,792 |
133,547d |
|
May 2020 |
140,650 |
1,863 |
142,513 |
a Within the framework of the swap transactions program that the Bank announced on March 16, 2020 and March 18, 2020.
b. Includes Bank of Israel payments and receipts in foreign currency.
c This column includes Special Drawing Rights (SDRs), the balance of NAB loans, and the balance of Israel's reserve tranche at the IMF.
d Updated after the original date of publication.