Israel’s foreign exchange reserves at the end of April 2016 stood at $95,685 million, an increase of $904 million 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$1,200 million.
A revaluation* that increased the reserves by about US$42 million.
These were partly offset by:
Government transfers to abroad of about US$336 million.
A decrease of about US$2 million derived from private sector transactions.
Israel's foreign currency reserves have risen by nearly US$10 billion over the past year, mainly through purchases of foreign currency by the Bank of Israel.
