Bank of Israel​

Israel’s foreign exchange reserves at the end of April 2026 stood at $235,745 million, an increase of $6,326 million from their level at the end of the previous month. The level of the reserves relative to GDP was 38.4 percent

Following the declaration by the Director General of the Israel Competition Authority designating the five largest banking groups as a concentration group, and the issuance of directives in the area of deposits (the “Directives”), the Bank of Israel’s position is that, under the circumstances, declaring the banks a concentration group is an extreme and disproportionate step.

In the first quarter of 2026, the shekel strengthened by approximately 0.8 percent vis-à-vis the US dollar and by about 2.9 percent against the euro

The Banking Supervision Department today held a professional conference on “Banking Fairness” at the Heth Center for the Study of Competition and Regulation at the College of Management in Rishon LeZion.

The monthly Index of Economic Activity declined by 0.2 percent in March