Israel’s foreign exchange reserves at the end of November 2015 stood at $88,822 million, a decrease of $408 million from their level at the end of the previous month.
The decrease was the result of:
a. Government transfers to abroad of about $73 million.
b. A revaluation* that decreased the reserves by about $900 million.
These were partly offset by:
a. Foreign currency purchases by the Bank of Israel totaling $505 million.
b. An increase of $60 million derived from private sector transactions.
Israel's Foreign Exchange Reserves
$ million
Date |
Reserves bought under the natural gas purchase program |
Reserves excluding IMF (including reserves bought under the natural gas purchase program) |
Reserves at the IMF*** |
Total |
November 2014 |
5,155 |
84,470 |
1,858 |
86,328 |
December |
5,600 |
84,342** |
1,759 |
86,101** |
January 2015 |
5,860 |
82,959** |
1,706 |
84,665** |
February |
6,105 |
83,675** |
1,645 |
85,320** |
March |
6,640 |
83,445** |
1,538 |
84,983** |
April |
6,640 |
84,145** |
1,568 |
85,713** |
May |
6,890 |
84,214 |
1,550 |
85,764 |
June |
7,150 |
86,549** |
1,630 |
88,179** |
July |
7,410 |
86,810 |
1,614 |
88,424 |
August |
7,670 |
87,370 |
1,628 |
88,998 |
September |
7,925 |
87,848** |
1,628 |
89,476** |
October |
8,185 |
87,610 |
1,620 |
89,230 |
November |
8,185 |
87,231 |
1,591 |
88,822 |
* This includes Bank of Israel payments and receipts in foreign currency.
** Updated after the original date of publication.
*** This column includes Special Drawing Rights (SDRs), the balance of NAB loans, and the balance of Israel's reserve tranche in the IMF.