Foreign Exchange Reserves at the Bank of Israel, April 2020

 Full press release
 

Israel’s foreign exchange reserves at the end of April 2020 stood at $133,539 million, an increase of $7,594 million from their level at the end of the previous month. The reserves represent 33.8 percent of GDP (Figure 1).

 

The increase was the result of:

a.     Foreign exchange purchases by the Bank of Israel totaling $727 million.

b.     A revaluation[1] that increased the reserves by approximately $2,073 million.

c.     Government transfers from abroad totaling approximately $6,484 million.

 

The increase was partly offset by private sector transfers of approximately $1,690 million.

 

 

Israel's Foreign Exchange Reserves ($ million)

 

Date

Reserves excluding IMF (including reserves bought under the natural gas purchase program)

Reserves at the IMF[2]

Total Foreign Exchange Reserves

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

December 2019

124,253c

1,761c

126,014c

January 2020

128,234c

1,744

129,978c

February 2020

129,450c

1,725

131,175c

March 2020

124,235

1,710

125,945c

April 2020

131,747

1,792

133,539

 

 



a Includes Bank of Israel payments and receipts in foreign currency.

b This column includes Special Drawing Rights (SDRs), the balance of NAB loans, and the balance of Israel's reserve tranche at the IMF.

c Updated after the original date of publication.​