Israel’s foreign exchange reserves at the end of December 2015 stood at US$90,623 million, an increase of US$1,801million from their level at the end of the previous month. The increase was the result of:
- Foreign currency purchases by the Bank of Israel totaling US$1,380 million, of which US$515 million were bought as part of the purchase program intended to offset the effects of natural gas production on the exchange rate.
- Government transfers from abroad of about US$71 million.
- A revaluation that increased the reserves by about US$403 million.
These were partly offset by: A decrease of US$53 million derived from private sector transactions.
Israel foreign currency reserves were up $4.5 billion in 2015.