Search Results for: reserves

Record currency reserves; deficit down again

During August, Israel’s foreign currency reserves rose by over $4 billion to almost $206 billion. Israel’s cumulative fiscal deficit fell from 9.2% at end July (see here previously), to 8% at the end of August. https://www.boi.org.il/en/NewsAndPublications/PressReleases/Pages/05-09-21.aspx https://en.globes.co.il/en/article-israels-fiscal-deficit-narrows-to-8-1001384647

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Another record for currency reserves

Israel’s reserves of foreign currency reached a new record of over $201 billion at the end of July – an increase of over $1.5 billion on its end of June level. https://www.boi.org.il/en/NewsAndPublications/PressReleases/Pages/5-08-21.aspx

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Another rise in currency reserves

Israel’s reserves of foreign currency reached another record level at the end of February. The total of just over $185 billion was $5.59 billion more than the total at the end of January. https://www.boi.org.il/en/NewsAndPublications/PressReleases/Pages/07-3-21.aspx

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Even more reserves

Almost every month Israel hits a new record for its reserves of foreign currency deposits. In Jan 2021 they rose by another six billion dollars to almost $180 billion. The Bank of Israel is selling Shekels to encourage exports, but … Continue reading

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New record for foreign currency reserves

The Bank of Israel has used the strengthening of the Shekel to purchase more foreign currency.  The reserves leaped by over $6 billion in the last month of 2020 to a new record of more than $173 billion. https://www.boi.org.il/en/NewsAndPublications/PressReleases/Pages/7-1-21.aspx

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New record for currency reserves

Israel’s reserves of foreign currency soared again last month. At the end of November, Israel held nearly $167 billion of foreign currency – over $6 billion more than at the end of October. https://www.boi.org.il/en/NewsAndPublications/PressReleases/Pages/07-12-2020.aspx

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Currency reserves break another record

Israel’s reserves of foreign currency rose by another $4 billion to a more than $161 billion – the fifth consecutive month they have reached record levels. https://www.boi.org.il/en/NewsAndPublications/PressReleases/Pages/07-09-20.aspx

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Foreign currency reserves leap by $10 billion

It may only be temporary, but Israel’s reserves of foreign currency soared by a record $10 billion in July to a record $157 billion. https://www.boi.org.il/en/NewsAndPublications/PressReleases/Pages/6-8-20.aspx

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Another $5 billion of reserves

Israel’s foreign exchange reserves at the end of June 2020 were over $147 billion, an increase of over $4.8 billion on their level at the end of May 2020. https://www.boi.org.il/en/NewsAndPublications/PressReleases/Pages/7-7-20a.aspx

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Two new records for currency reserves

Israel’s reserves of foreign currency rose by a record $9 billion in May to reach a new record total of $142.5 billion. https://www.boi.org.il/en/NewsAndPublications/PressReleases/Pages/7-6-20.aspx

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