January forex reserves jump to $78.4B - Israel Business, Ynetnews
 
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Israel's foreign currency reserves increase by $2.511 billion Photo: Shutterstock
Israel's foreign currency reserves increase by $2.511 billion Photo: Shutterstock
 
 

January forex reserves jump to $78.4B

Total includes $1.879 billion in special drawing rights from IMF, Bank of Israel says

Reuters
Published: 02.19.13, 07:19 / Israel Business

Israel's foreign currency reserves rose by $2.511 billion in January to $78.417 billion, the Bank of Israel said on Thursday.

 

The total included $1.879 billion in special drawing rights from the International Monetary Fund.

 

The bank said the gain in reserves last month was the result of government transfers from abroad of $1.855 billion, a revaluation that increased the reserves by $636 million and a rise of $20 million from private sector transactions.

 

 

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