Foreign Exchange Reserves in the Bank of Israel, June 2013

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Israel’s foreign exchange reserves at the end of June 2013 stood at $78,220 million, an increase of $570 million from their level at the end of May.


The increase was the result of:

  1.  Foreign exchange purchases by the Bank of $1,440 million, of which $240 million was bought under the purchase program, intended to offset the effect on the exchange rate of natural gas production in Israel.
  2.  An increase of $128 million derived from private sector transactions.

 
This was partly offset by:

  1.  Government transfers to abroad of $711 million.
  2.  A revaluation that decreased the reserves by about $287 million.

 

Israel's Foreign Exchange Reserves
$ million
 
 

 

 

 

 
Reserves excluding IMF
Reserves at the IMF*
 
Total
2011
December
73,052
1,823**
74,875**
2012
January
75,273**
1,842
77,115**
 
February
75,252
1,847
77,099
 
March
75,152
1.845
76,997
 
April
74,762
1,867
76,629
 
May
72,974
1,818
74,792
 
June
73,292
1,827
75,119
 
July
73,570
1,816
75,386
 
August
73,780
1,836
75,616
 
September
74,364
1,862
76,226
 
October
74,032
1,864
75,896
 
November
73,807
1,865
75,672
 
December
74,040**
1,866
75,906**
2013
January
76,534**
1,879
78,413**
 
February
75,429
1,846
77,275
 
March
75,142
1,825
76,967
 
April
75,327
1,819
77,146
 
May
75,832
1,818
77,650
 
June
76,390
1,830
78,220

 

 

       This column includes Special Drawing Rights (SDRs), the balance of NAB loans, and the balance of Israel's reserve tranche in the IMF.
**      Updated after the original date of publication.