Israel’s foreign exchange reserves at the end of September 2015 stood at $89,335 million, an increase of $337 million from their level at the end of the previous month.
The increase was the result of:
a. Foreign currency purchases by the Bank of Israel totaling $255 million, all of which were as part of the purchase program intended to offset the effects of natural gas production on the exchange rate.
b. Government transfers from abroad totaling about $239 million.
These were partly offset by:
a. A decrease of $5 million derived from private sector transactions.
b. A revaluation* that decreased the reserves by about $152 million.
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 |
December 2013 |
2,100 |
79,591** |
2,199 |
81,790** |
January 2014 |
2,330 |
81,002** |
2,163 |
83,165** |
February |
2,680 |
81,956** |
2,019 |
83,975** |
March |
2,975 |
83,552 |
2,018 |
85,570 |
April |
3,265 |
84,479** |
2,001 |
86,480** |
May |
3,560 |
84,485 |
1,993 |
86,478 |
June |
3,850 |
84,845 |
1,968 |
86,813 |
July |
4,140 |
85,190 |
1,949 |
87,139 |
August |
4,725 |
85,700 |
1,928 |
87,628 |
September |
4,725 |
84,298 |
1,890 |
86,188 |
October |
5,005 |
84,531 |
1,885 |
86,416 |
November |
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 |
87,708 |
1,627 |
89,335 |
* 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.