The Bank of Israel Foreign Exchange Reserves, January 2009

1.2.2009
 
The Bank of Israel Foreign Exchange Reserves, January 2009
 
Israel’s foreign exchange reserves at the end of January 2009 stood at $41,741 million, an decrease of $587 million from their level at the end of December 2008.
The change in December derived from:
––an increase of $1,900 million due to Bank of Israel purchases on the market, as part of its planned increase in the foreign exchange reserves;
––decreases due to a decline of $1,820 million in banks' foreign currency deposits with the Bank of Israel, public sector transfers abroad of some $89 million, and a downward revaluation of $578 million of the foreign exchange reserves.
 
The Bank of Israel Foreign Exchange Reserves
2007 December 28,460
2008 January 28,616
February 28,485
March 29,442
April 29,382
May 29,843
June 31,268
July 32,512
August 33,641
September 36,148
October 35,165
November 36,855
December 42,328
2009 January 41,741