To view this press release as a Word document
Israel’s foreign exchange reserves at the end of January 2014 stood at $83,191 million, an increase of $1,401 million from their level at the end of December 2013.
The increase was the result of:
a. Foreign currency purchases by the Bank of Israel totaling $1,730 million, of which $230 million were purchased as part of the purchase program intended to offset the effect of natural gas production on the exchange rate.
b. Government transfers from abroad totaling about $453 million.
These were partly offset by:
a. Private sector transfers totaling about $236 million.
b. A revaluation that decreased the reserves by about $546 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 | |
December 2012 |
- |
74,040** |
1,866 |
75,906** |
|
January 2013 |
- |
76,534** |
1,879 |
78,413** |
|
February |
- |
75,429 |
1,846 |
77,275 |
|
March |
- |
75,142 |
1,825 |
76,967 |
|
April |
- |
75,327 |
1,819 |
77,146 |
|
May |
230 |
75,832 |
1,818 |
77,650 |
|
June |
470 |
76,390 |
1,830 |
78,220 |
|
July |
725 |
77,202 |
1,869 |
79,071 |
|
August |
1,015 |
76,650 |
1,869 |
78,519 |
|
September |
1,250 |
78,009 |
1,893 |
79,902 |
|
October |
1,570 |
78,325 |
2,246 |
80,571 |
|
November |
1,770 |
78,321 |
2,268 |
80,589 |
|
December |
2,100 |
79,591** |
2,199 |
81,790** |
|
January 2014 |
2,330 |
81,028 |
2,163 |
83,191 |
* 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.