Full press release
Full graph 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.