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July: Foreign currency reserves up to $75.4B

Bank of Israel says foreign currency reserves up by $267 million from June

Israel's foreign currency reserves for July 2012 totaled at $75.4 billion, the Bank of Israel said.


According to the BOI, July's reserves were up by $267 million from their level at the end of June.


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The Bank of Israel attributed the rise to an increase of $101 million, deriving mostly from private sector transactions.


The increase was also due to government transfers abroad amounting to $265 million. These were offset by a revaluation that lowered the reserves by $99 million, the Bank said.


Israel's foreign currency reserves reached a record high in August 2011, when they reached $78.01 billion.




פרסום ראשון: 08.12.12, 14:19
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