Bank of Israel: Israel’s Foreign exchange reserves increased in April 

bank-of-israel

Israel’s foreign exchange reserves at the end of April 2016 stood at $95,685 million, an increase of $904 million from their level at the end of the previous month.

The increase was the result of:

  • Foreign currency purchases by the Bank of Israel totaling $1,200 million.
  • A revaluation* that increased the reserves by about $42 million.

These were partly offset by:

  • Government transfers to abroad of about $336 million.
  • A decrease of about $2 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
2015
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
December
8,700
88,942**
1,633
90,575**
January 2016
9,000
88,862**
1,625
90,487**
February
9,000
89,341**
1,278
90,619**
March
9,300
93,477**
1,304
94,781**
April
9,300
94,379
1,306
95,685
*       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.

Source: Bank of Israel

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