Israel's foreign currency reserves have risen by $7.17 billion from $70.91 billion at the end of 2010 - an increase of over 10%.
Israel's foreign currency reserves reached an all-time high of $78.08 billion at the end of August, $135 million more than a month earlier, the Bank of Israel announced today.
The increase was due to an upward revaluation of the reserves by $392 million, which was partly offset by $122 million in private sector transactions and government transfers abroad of $135 million.
Israel's foreign currency reserves have risen by $7.17 billion from $70.91 billion at the end of 2010 - an increase of over 10% - and by $17.47 billion from $60.61 billion at the end of 2009.
Published by Globes [online], Israel business news - www.globes-online.com - on September 7, 2011
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