(Nov. 11, 2025 / JNS)
Israel’s foreign exchange reserves reached a new record of $231.95 billion at the end of October, rising by $74 million from the previous month and $15.88 billion from October 2024, the Bank of Israel announced on Sunday.
The increase stemmed mainly from a $607 million revaluation, partially offset by $550 million in government foreign exchange activities.
Reserves were equal to 41.3% of Israel’s GDP as of July, according to Israeli business daily Globes.
The central bank has sold only $8.5 billion in foreign currency to support the shekel since announcing a $30 billion intervention plan at the start of the Gaza war in October 2023. Most the foreign currency was sold in October and November 2023.
