Photo Credit: Nati Shohat / Flash 90
The Bank of Israel reported that Israel’s foreign exchange reserves at the end of July 2024 stood at $213.634 billion, an increase of $3.353 billion from their level at the end of the previous month.
The Bank said the increase was mainly the result of a revaluation[a] that increased the reserves by approximately $4,278 million. This increase was partly offset by the government’s foreign exchange activities totaling approximately $932 million.
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