Foreign Exchange Reserves in the Bank of Israel, February 2010

7.3.2010
 
Foreign Exchange Reserves in the Bank of Israel, February 2010
 
Israel’s foreign exchange reserves at the end of February 2010 stood at $60,732 million, a reduction of $871 million from their level at the end of January 2010.
 
The decrease derived from purchases of $209 million on the market which were more than offset by: (1) a downward revaluation of the reserves by $696 million, (2) government transfers abroad of $346 million, and (3) private sector transactions amounting to $38 million.
 
Israel's Foreign Exchange Reserves
$ million
 
  Reserves excluding IMF Reserves including IMF** Total
2008 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 59,091* 1,521* 60,612*
2010      
January 60,095 1,508 61,603
February 59,245 1,487 60,732
 
* Reclassified
** 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.