Israel’s foreign exchange reserves at end of October stood at US$89,230m

The reserve were a decrease of US$246 million from their level at the end of the previous month
17.11.15 / 10:39
Israel’s foreign exchange reserves at end of October stood at US$89,230m
17.11.15
Israel’s foreign exchange reserves at end of October stood at US$89,230m

Israel’s foreign exchange reserves at the end of October 2015 stood at US$89,230 million, a decrease of US$246 million from their level at the end of the previous month. The decrease was the result of a decrease of US$184 million derived from private sector transactions.

 

Government transfers to abroad of about US$900 million, partly offset by: Foreign currency purchases by the Bank of Israel totaling US$755 million, of which US$260 million were bought as part of the purchase program intended to offset the effects of natural gas production on the exchange rate and a revaluation that increased the reserves by about US$83 million.