The Bank of Israel published its October 2025 foreign exchange reserves data, showing reserves of USD 231,954 million at end-October, up USD 74 million from end-September. Reserves stood at 41.3 percent of GDP. The monthly increase was mainly driven by a revaluation of approximately USD 607 million, partly offset by government foreign exchange activity of about USD 550 million. Of the October total, USD 227,295 million was held as reserves excluding the International Monetary Fund (including reserves bought under the natural gas purchase program) and USD 4,659 million was held at the IMF.