Israeli reserves grow marginally in October

David Vaaknin

The Bank of Israel’s international reserves grew marginally in October, following their first decline of 2020 in September, it announced on November 5.

The central bank’s portfolio grew from $160.6 billion to $160.7 billion, pushed largely by the central bank’s foreign exchange transactions and government transfers.

In October, the Bank of Israel’s foreign exchange purchases boosted its portfolio by $531 million, and government transfers from abroad added $624 million.

The portfolio grew

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