Bank of Israel reserves rise by 5.6% in April

bank-of-israel4
David Vaaknin

The Bank of Israel said that its international reserves rose in April by 5.6%, due mainly to government transfers from abroad.

The portfolio grew by almost $7.6 billion to $133.5 billion, the central bank said. Government transfers accounted for around $6.5 billion, asset revaluations contributed with more than $2 billion last month, and foreign exchange purchases amounted to $727 million.

This sharp increase contrasts with the $5.1 billion fall in the portfolio recorded in March. This was

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: http://subscriptions.centralbanking.com/subscribe

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

To continue reading...

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: