The Bank of Israel reported that Israel’s foreign exchange reserves stood at USD 238,699 million at the end of June 2026, up USD 18 million from the end of May. Reserves were equal to 37.2 percent of GDP. The net increase mainly reflected government foreign exchange activity of about USD 625 million and Bank of Israel foreign exchange purchases of USD 1,027 million carried out during June to maintain the orderly functioning of the markets. Those increases were partly offset by a revaluation effect that reduced reserves by about USD 1,458 million.