Israel’s foreign currency reserves totaled $75.12 billion at the end of June 2012 up by $327 million from their level at the end of May, the Bank of Israel reported today.
Israel’s foreign currency reserves totaled $75.12 billion at the end of June 2012 up by $327 million from their level at the end of May, the Bank of Israel reported today.
The Bank of Israel said that the rise was due to an increase of $42 million deriving from private sector transactions, and a revaluation that increased the reserves by $441 million. These were offset by offset by government transfers abroad amounting to $156 million.
Israel's foreign currency reserves reached an all-time high of $78.01 in August 2011.
Published by Globes [online], Israel business news - www.globes-online.com - on July 5, 2012
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