The Bank of Israel Foreign Exchange Reserves, May 2009

7.6.2009
 
The Bank of Israel Foreign Exchange Reserves, May 2009
 
Israel’s foreign exchange reserves at the end of May 2009 stood at $47,550 million, an increase of $2,474 million from their level at the end of April.
The change in May derived from:
Ø an increase of $1,600 million due to Bank of Israel purchases on the market, as part of its planned increase in the foreign exchange reserves;
Ø an increase of $856 million due to a revaluation of the reserves and income:
Ø public-sector transfers from abroad totaling $34 million.
   
These were partially offset by net sales of $16 million of foreign currency by the private sector;
 
The Bank of Israel Foreign Exchange Reserves
$ million
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 42,336
2009 January 41,756
February 40,640
March 44,151
April 45,076
May 47,550