The Bank of Israel published its monthly update on foreign exchange reserves, reporting that reserves stood at USD 216,059 million at end-January 2025, up USD 1,486 million from end-December 2024. The reserves-to-GDP ratio was 41.4%. The increase was mainly driven by a revaluation that added approximately USD 2,214 million, partly offset by the government’s foreign exchange activities totaling approximately USD 713 million. Of the total, USD 211,701 million was held as reserves excluding the International Monetary Fund (including reserves bought under the natural gas purchase program) and USD 4,358 million was held at the IMF.
Bank of Israel 2025-02-06
Bank of Israel reports foreign exchange reserves increased to USD 216.1bn at end-January 2025
The Bank of Israel reported that foreign exchange reserves reached USD 216,059 million at the end of January 2025, an increase of USD 1,486 million from the previous month, with a reserves-to-GDP ratio of 41.4%. The rise was primarily due to a revaluation gain of USD 2,214 million, partially offset by government foreign exchange activities amounting to USD 713 million.