Foreign Exchange Reserves in the Bank of Israel, December 2009

10.01.2010
 
Foreign Exchange Reserves in the Bank of Israel, December 2009
 
Israel’s foreign exchange reserves at the end of December 2009 stood at $ 60,617 million, a decline of $ 927 million from their level at the end of November.
The reduction derived from a downward revaluation of the reserves totaling $ 1,028 million and government transfers abroad of $38 million, partially offset by Bank of Israel purchases of $132 million on the market, and $7 million due to private sector activities.
 
The Bank of Israel Foreign Exchange Reserves
$ million
  Reserves excluding IMF Reserves including IMF* Total
2007 December 28,443 113 28,556
2008 January 28,600 114 28,714
February 28,469 113 28,582
March 29,426 113 29,539
April 29,366 112 29,478
May 29,828 130 29,958
June 31,252 131 31,383
July 32,497 127 32,624
August 33,627 123 33,750
September 36,134 121 36,255
October 35,152 113 35,265
November 36,842 182 37,024
December 42,324 189 42,513
2009 January 41,743 184 41,927
February 40,628 180 40,808
March 44,143 184 44,327
April 45,064 184 45,248
May 47,537 189 47,726
June 49,972 299 50,271
July 52,081 300 52,381
August 56,388 1,379** 57,767
September 58,426 1,537** 59,963
October 59,654 1,542 61,196
November 59,982 1,562 61,544***
December 59,097 1,520 60,617
 
* This column includes the Allocation of Special Drawing Rights (SDRs) by the IMF to member countries, and the balance of the Israel's reserve tranche in the IMF.
** In August and September 2009 the IMF allocated SDRs to member countries. Israel's allocation was about $1.2 billion.
*** Reclassified