Israeli reserves increase by almost $7 billion in November

bank-of-israel3
Photo: David Vaaknin

Bank of Israel reserves rose sharply in November, said the central bank in a statement on December 7.

Israel’s foreign exchange portfolio increased by almost $7 billion last month to $198.2 billion. In the context of the ongoing war between Israel and Hamas on the Gaza strip, reserves have benefitted from two main factors, the strength of the Israeli shekel and higher equity prices.

The revaluation of reserve assets increased the portfolio’s value by around $7.3 billion in November, the BoI said

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 info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com 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

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

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

.