Israel’s foreign exchange reserves at the end
of March 2017 stood at $103,291 million, an increase of $1,271 million from
their level at the end of the previous month. The reserves represent 32.4
percent of GDP (Figure 1).
The increase was the result of:
a.
Foreign currency purchases by the Bank of
Israel totaling $1,585 million
b. A
revaluation that increased the reserves by about
$549 million.
The increase was offset by:
c.
Government transfers to abroad totaling about $649
million.
d.
Private sector transfers of about $214 million.
Israel's Foreign Exchange Reserves
$ million
|
Date
|
Reserves bought under the
natural gas purchase program
|
Reserves excluding IMF
(including reserves bought under the natural gas purchase program)
|
Reserves at the IMF
|
Total Foreign Exchange Reserves
|
|
March 2016
|
9,300
|
93,476c
|
1,304
|
94,780c
|
|
April 2016
|
9,300
|
94,378c
|
1,306
|
95,684c
|
|
May 2016
|
9,600
|
95,170
|
1,293
|
96,463
|
|
June 2016
|
9,600
|
95,594
|
1,041
|
96,635
|
|
July 2016
|
9,900
|
96,356
|
1,037
|
97,393
|
|
August 2016
|
9,900
|
96,588
|
1,038
|
97,626
|
|
September 2016
|
9,900
|
97,380c
|
1,049
|
98,429c
|
|
October 2016
|
10,200
|
96,931
|
1,032
|
97,963
|
|
November 2016
|
10,200
|
95,948
|
1,179
|
97,127
|
|
December 2016
|
10,500
|
97,275c
|
1,172c
|
98,447c
|
|
January 2017
|
10,500
|
100,428c
|
1,183
|
101,611c
|
|
February 2017
|
10,750
|
100,841 c
|
1,179
|
102,020c
|
|
March 2017
|
10,750
|
102,109
|
1,182
|
103,291
|
Figure 1
Level of
foreign exchange reserves, and their ratio to GDP, 2007–17
Graphs and Data
This column
includes Special Drawing Rights (SDRs), the balance of NAB loans, and the
balance of Israel's reserve tranche in the IMF.
Updated after the original date of publication.