Search Results for: reserves

New record for forex reserves

Israel’s foreign exchange reserves at the end of Oct 2025 rose to $231.954 billion – a new record for the third consecutive month.  The level of the reserves relative to GDP at the end of Oct was 41.3%. https://en.globes.co.il/en/article-israels-forex-reserves-hit-new-record-1001521383

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New record for forex reserves

Due to a revaluation, Israel’s foreign exchange reserves at the end of May 2025 rose to over $223 billion – a new record level, and an increase of nearly $1.6 billion at the end of Apr. The Shekel is at … Continue reading

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Foreign currency reserves reach new heights

Israel’s foreign exchange reserves at the end of September 2024 stood at a record $220,377 million – an increase of nearly $3 billion from their level at the end of the previous month. The increase was due to a revaluation … Continue reading

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Foreign currency reserves reach a record high

At the end of March, Israel’s reserves of foreign currency stood at $213.768 billion, nearly $7 billion more that at the end of Feb. They have since slipped back a little but shows that Israel did not, even when at … Continue reading

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75% of employees in the reserves

On Oct 7, 60 of the 80 Israeli-based employees at Israel’s Exodigo (see here previously) were drafted into the IDF reserves. The remaining Israeli office and overseas staff managed to close new deals but persuaded those customers to wait a … Continue reading

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20% of IDF reserves are hi-tech workers

Although hi-tech workers constitute only 10% of Israel’s employees, they make up 20% of the IDF’s reserve forces.  Interesting, but not sure what to make of that!  (Probably due to them being relatively young.) https://www.calcalistech.com/ctechnews/article/hku9ilrq6

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Foreign exchange reserves

Israel’s foreign exchange reserves rose by $6.468 billion in Dec 23 to end the year at $204.367 billion, close to record levels. The value of the Shekel has risen, despite an expectation that the Shekel would depreciate due to the … Continue reading

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Seasoning that preserves meat

Researchers at the Hebrew University of Jerusalem have developed MeatCrust – a natural antioxidant for meat preservation. The seasoning forms a crust that prevents the fatty acids in meat react with oxygen to cause rancidity. https://nocamels.com/2023/12/new-seasoning-both-flavors-your-meat-and-stops-it-turning-bad/ https://www.yissum.co.il/technology/meatcrust-as-a-natural-antioxidant-for-meat-preservation/

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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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