The Bank of Israel published its monthly data showing Israel’s foreign exchange reserves stood at USD 228,271 million at the end of March 2026, down USD 6,274 million from the previous month. Reserves were 37.2% of GDP. The decline was mainly driven by a revaluation that reduced reserves by around USD 8,936 million, partly offset by government foreign exchange activities of about USD 2,681 million. Of the March 2026 total, USD 223,697 million was held outside the International Monetary Fund and USD 4,574 million reflected IMF-related holdings.