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

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

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

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

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

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

Following successful international borrowing, Israel’s reserves of foreign currency increased by nearly $7.6 billion in April to end the month at a new record of $133.5 billion. https://www.news1.news/n1/2020/05/nis-7-6-billion-jump-in-the-bank-of-israels-foreign-exchange-reserves-in-april-2.html https://www.boi.org.il/en/NewsAndPublications/PressReleases/Pages/7-5-20b.aspx

Israel’s foreign currency reserves soared in December by a record $3.64 billion to end the year at a new all-time high of just over $126 billion. In 2019, the Israeli Shekel appreciated against all major Western currencies and became the … Continue reading →

The Bank of Israel increased its reserves of foreign currency by a massive $1 billion last month.  Their value at the end of November was over $122 billion – a new record. https://www.boi.org.il/en/NewsAndPublications/PressReleases/Pages/5-12-19.aspx