Foreign Exchange Reserves in the Bank of Israel, April 2013

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Israel’s foreign exchange reserves at the end of April 2013 stood at $77,146 million, an increase of $179 million from their level at the end of March.

 

The increase was the result of:

a.    A revaluation that increased the reserves by about $624 million.

b.    Foreign exchange purchases by the Bank of about $100 million.

c.    An increase of $15 million derived from private sector transactions.

 

This was partly offset by:

a.    Government transfers to abroad of $560 million.

 

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