The Bank of Israel reported that Israel’s foreign exchange reserves totalled USD 228,250 million at end-June 2025, up USD 4,611 million from the previous month, with reserves at 41.6 percent of GDP. The increase was driven mainly by a revaluation that added about USD 5,215 million, partly offset by foreign exchange activities by the government of around USD 421 million and foreign exchange sales by the Bank of Israel of USD 273 million. Of the June total, USD 223,651 million was held outside the International Monetary Fund (including reserves bought under the natural gas purchase program) and USD 4,599 million was held at the IMF.