Israeli reserves fall sharply on dollar liquidity provision

David Vaaknin

The Bank of Israel’s international reserves portfolio declined by $5.1 billion in March, largely due to the impact of the shekel/dollar swap it approved on March 18.

The central bank’s portfolio fell to $126 billion. The institution injected short-term dollar credit of $7.5 billion as part of the swap transactions programme.

Due to the economic paralysis brought by government-mandated lockdowns worldwide in response to Covid-19, banks and businesses worldwide are struggling to maintain their

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here:

You are currently unable to copy this content. Please contact [email protected] to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

If you already have an account, please sign in here.

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: