Israel’s foreign exchange reserves at the end
of August 2020 stood at $161,688 million, an increase of $4,025 million from
their level at the end of the previous month. The reserves represent 40.6 percent
of GDP (Figure 1).
The increase
was the result of:
a.
Foreign exchange purchases by the Bank of
Israel totaling $2,561million.
b.
A revaluation
that increased the reserves by approximately $1,677 million.
c.
Private sector transfers of approximately $291 million.
In contrast, the increase was partly offset by
government transfers to abroad totaling approximately $504 million.
Israel's Foreign Exchange Reserves ($ million)
|
Date
|
Reserves excluding IMF
(including reserves bought under the natural gas purchase program)
|
Reserves at the IMF
|
Total Foreign Exchange Reserves
|
|
August 2019
|
118,134c
|
1,678c
|
119,812
|
|
September 2019
|
117,797c
|
1,672
|
119,469c
|
|
October 2019
|
119,671
|
1,690
|
121,361
|
|
November 2019
|
120,702
|
1,681
|
122,383
|
|
December 2019
|
124,253c
|
1,761c
|
126,014c
|
|
January 2020
|
128,234c
|
1,744
|
129,978c
|
|
February 2020
|
129,451c
|
1,725
|
131,176c
|
|
March 2020
|
124,231c
|
1,710
|
125,941c
|
|
April 2020
|
131,755c
|
1,792
|
133,547c
|
|
May 2020
|
140,650
|
1,863
|
142,513
|
|
June 2020
|
145,499
|
1,838
|
147,337
|
|
July 2020
|
155,772c
|
1,891
|
157,663c
|
|
August 2020
|
159,789
|
1,899
|
161,688
|
This column includes Special Drawing Rights (SDRs), the balance of
NAB loans, and the balance of Israel's reserve tranche at the IMF.
Updated after the original date of publication.