Israel’s forex reserves hit new record.

Israel’s foreign exchange reserves at the end of August 2025 rose to $230.321 billion – a new record – an increase of $3.553 billion from their level at the end of July, the Bank of Israel reports. The level of the reserves relative to GDP at the end of July was 41%.

The increase was the result of a revaluation that increased the reserves by about $3.759 billion, partly offset by foreign exchange activities by the government totaling about $209 million.

Israel’s foreign exchange reserves have risen from $217.385 billion at the end of August 2024 to a record $230.321 billion at the end of August.

In June, the Bank of Israel sold nearly $300 million in foreign currency – its first such sales since the early months of the war. 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, most of it in October and November 2023.

Source: En.globes