Israel’s foreign exchange reserves at the end
of November 2019 stood at $122,383 million, an increase of $1,022 million from
their level at the end of the previous month. The reserves represent 31.9 percent
of GDP (Figure 1).
The increase
was the result of:
a.
Foreign exchange purchases by the Bank of
Israel totaling $1,268 million.
b.
Private
sector transfers of approximately $23 million.
In contrast, the increase was partly offset by:
a.
Government transfers to abroad totaling approximately
$246 million.
b. A revaluation
that decreased the reserves by approximately $23 million.
Israel's Foreign Exchange Reserves ($ million)
|
Date
|
Reserves excluding IMF
(including reserves bought under the natural gas purchase program)
|
Reserves at the IMF
|
Total Foreign Exchange Reserves
|
|
November 2018
|
113,405
|
1,651
|
115,056
|
|
December 2018
|
113,525c
|
1,754c
|
115,279
|
|
January 2019
|
116,418c
|
1,735
|
118,153c
|
|
February 2019
|
116,218c
|
1,721
|
117,939c
|
|
March 2019
|
116,514c
|
1,705
|
118,219c
|
|
April 2019
|
117,044
|
1,699
|
118,743
|
|
May 2019
|
116,485
|
1,639
|
118,124
|
|
June 2019
|
118,460
|
1,648
|
120,108
|
|
July 2019
|
118,309
|
1,685
|
119,994
|
|
August 2019
|
118,134c
|
1,678c
|
119,812
|
|
September 2019
|
117,797c
|
1,672
|
119,469c
|
|
October 2019
|
119,671
|
1,690
|
121,361
|
|
November 2019
|
120,702
|
1,681
|
122,383
|
Figure 1
Level of foreign exchange reserves, and their ratio to GDP, 2007–19
Excel
This column includes Special Drawing Rights (SDRs), the balance of NAB loans,
and the balance of Israel's reserve tranche at the IMF.
Updated after the original date of publication.