Israel’s foreign exchange reserves at the end of June 2025 rose to $228.250 billion – a new record – an increase of $4.611 billion from their level at the end of May, the Bank of Israel reports.
Israel’s foreign exchange reserves at the end of June 2025 rose to $228.250 billion – a new record – an increase of $4.611 billion from their level at the end of May, the Bank of Israel reports. The level of the reserves relative to GDP at the end of June was 41.6%.
The increase was the result of a revaluation that increased the reserves by about $5.215 billion, partly offset by the government’s foreign exchange activities totaling about $421 million and foreign exchange sales of $273 million by the Bank of Israel.
Israel’s foreign exchange reserves have risen from $210.281 billion at the end of June 2024 to $228.250 billion at the end of last month, beating the previous record foreign exchange reserves of $223.369 billion at the end of May 2025.
Despite announcing in October 2023 at the start of the war, a plan to sell up to $30 billion in foreign currency to support the shekel, the Bank of Israel only sold $8.5 billion in foreign currency since the start of the war, most of it in October and November 2023. However, as mentioned, the Bank of Israel did sell $273 million of foreign currency last month, the first foreign currency sales for nearly two years.
Published by Globes, Israel business news – en.globes.co.il – on July 7, 2025.
© Copyright of Globes Publisher Itonut (1983) Ltd., 2025.
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