Israel's Foreign Currency Reserves Drop by $4.6 Billion in September
Translated & summarized from Arab48 by baba
Bank of Israel's foreign currency reserves fell by $4.64 billion in September to $236.998 billion. The decrease was mainly caused by currency revaluation and government foreign exchange activities. The reserves still exceed last year's September level. The total reserves represent 34.2% of Israel's GDP.
The story in 5 lines · by baba
- Israel's foreign currency reserves decreased by $4.64 billion in September.
- Total reserves stood at $236.998 billion at the end of September.
- Currency revaluation accounted for most of the $4.411 billion decrease.
- Government foreign currency activities contributed $272 million to the decline.
- Reserves remain higher than the $231.88 billion from September 2025.
Bank of Israel's foreign currency reserves decreased by approximately $4.64 billion during September, reaching $236.998 billion by the end of the month. This decline follows a total of $241.641 billion held at the end of August, with the reserves representing 34.2% of the country's gross domestic product. The central bank reported that the reduction was primarily due to a revaluation of foreign currency balances, accounting for nearly $4.411 billion, and foreign currency activities by the government amounting to about $272 million. Despite the decrease, the September reserve level remained higher than the $231.88 billion recorded in September 2025.
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