Currency reserves soar by nearly $2 billion

Israel’s foreign exchange reserves rose by another $1.97 billion during April, to reach a record $105.14 billion (33% of GDP).  It includes $250 million added into the fund set-up to reduce some of the adverse effects of natural gas production on the exchange rate.

http://www.globes.co.il/en/article-foreign-exchange-reserves-up-2b-in-april-1001187484

http://www.boi.org.il/en/NewsAndPublications/PressReleases/Pages/7-5-17ForexReserve.aspx

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