Israel's Foreign Currency Reserves Rise to $238.7 Billion

SadaNews - The Bank of Israel announced today, Wednesday, that its foreign currency reserves reached approximately $238.699 billion by the end of June 2026, an increase of $18 million compared to the end of May, with the reserve level representing 37.2% of the GDP.

According to a statement issued by the Bank of Israel, the increase in reserves is primarily due to the government's activities in foreign currency, amounting to $625 million, and to "foreign currency purchases made by the Bank of Israel amounting to approximately $1.027 billion," which the bank said were carried out last month "in a limited manner to maintain the regular activity of the markets."

The statement noted that part of this increase was offset by the revaluation of foreign currency balances, amounting to approximately $1.458 billion. This includes payments and receipts from the Bank of Israel in foreign currency.

Data from the Bank of Israel shows that the foreign currency reserves, excluding the balances with the International Monetary Fund, reached $234.199 billion at the end of June, compared to $234.098 billion at the end of May, while the balances with the International Monetary Fund were $4.500 billion, compared to $4.583 billion in the previous month.

On a yearly comparison, the total foreign currency reserves at the Bank of Israel increased from $228.250 billion at the end of June 2025 to $238.699 billion at the end of June 2026, marking an increase of $10.449 billion over the year.

The total reserves reached $238.681 billion in May 2026, $235.728 billion in April, $229.406 billion in March, $234.532 billion in February, and $233.028 billion in January, according to data provided by the Bank of Israel.