Foreign Exchange Reserves in the Bank of Israel, October 2010

07.11.2010
 
Foreign Exchange Reserves in the Bank of Israel, October 2010
 
Israel’s foreign exchange reserves at the end of October 2010 stood at $69,610 million, an increase of $3,350 million from their level at the end of September 2010.
The increase was the result of Bank of Israel purchases on the market of $3,375 million in October, and an upward revaluation of the reserves of $361 million. These were partially offset by government transfers abroad of about $286 million and private sector transactions of $100 million.
 
Israel's Foreign Exchange Reserves
  Reserves excluding IMF Reserves including IMF* Total ($ million)
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 60,093 1,508 61,601
February 59,242 1,487 60,729
March 60,992 1,483 62,475
April 62,996 1,476 64,472
May 61,976 1,441 63,417
June 61,552 1,544 63,096
July 62,728 1,585 64,313
August 62,534 1,575 64,109
September 64,640 1,620 66,260
October 67,969 1,641 69,610
 
*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.