The decrease was the result of:
a. A revaluation[1] that decreased the reserves by approximately $1,671 million.
b. Private sector transfers of approximately $45 million.
In contrast, the decrease was partly offset by:
a. Foreign exchange purchases by the Bank of Israel totaling $280 million.
b. Government transfers from abroad totaling approximately $332 million.
Israel's Foreign Exchange Reserves ($ million)
|
Date |
Reserves excluding IMF (including reserves bought under the natural gas purchase program) |
Reserves at the IMF[2] |
Total Foreign Exchange Reserves |
|
September 2019 |
117,797c |
1,672 |
119,469c |
|
October 2019 |
119,671 |
1,690 |
121,361 |
|
November 2019 |
120,702 |
1,681 |
122,383 |
|
December 2019 |
124,253c |
1,761c |
126,014c |
|
January 2020 |
128,234c |
1,744 |
129,978c |
|
February 2020 |
129,451c |
1,725 |
131,176c |
|
March 2020 |
124,231c |
1,710 |
125,941c |
|
April 2020 |
131,755c |
1,792 |
133,547c |
|
May 2020 |
140,650 |
1,863 |
142,513 |
|
June 2020 |
145,499 |
1,838 |
147,337 |
|
July 2020 |
155,772c |
1,891 |
157,663c |
|
August 2020 |
159,789 |
1,899 |
161,688 |
|
September 2020 |
158,700 |
1,884 |
160,584 |
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.