Israel’s foreign exchange reserves stood at $75.672 billion at the end of November 2012.
Israel’s foreign exchange reserves stood at $75.672 billion at the end of November 2012, down $224 million from their level at the end of October, the Bank of Israel reported. The reserves fell by $330 million in September.
The decrease in November was despite a revaluation that raised the reserves by $64 million. However government transfers abroad of $264 million and a decrease of $24 million derived from private sector transactions brought about the slight fall.
Israel's foreign exchange reserves have moved away from the all-time record of $78.078 billion in August 2011.
Published by Globes [online], Israel business news - www.globes-online.com - on December 6, 2012
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