Sturdy shekel lifts foreign exchange reserves to new document

Israel’s international change reserves on the finish of April 2026 rose to a document $235.745 billion, a rise of $6.326 billion from their stage on the finish of March 2026, the Financial institution of Israel stories. The extent of the reserves relative to GDP on the finish of April was 38.4%.

The rise was the results of a revaluation that elevated the reserves by roughly $7.467 billion, partly offset by authorities international change actions totaling about $1.154 billion.

Israel’s international change reserves have risen from $222.035 billion on the finish of April 2025 to $235.745 billion on the finish of April 2026.

In March 2026, for under the second time because the begin of the conflict in October 2023, the Financial institution of Israel intervened in one of many international foreign money submarkets, the Repo market. The Financial institution of Israel carried out repo offers value about $64 million throughout the month by which the Iran conflict was at its peak. The earlier time the Financial institution of Israel undertook an identical step within the repo market was in October 2023, when it carried out offers value about NIS 95 million.

In June 2025, the Financial institution of Israel offered practically $300 million in international foreign money – its first such gross sales because the early months of the conflict in Gaza. Regardless of asserting in October 2023 firstly of the conflict, a plan to promote as much as $30 billion in international foreign money to help the shekel, the Financial institution of Israel solely offered $8.5 billion in international foreign money, most of it in October and November 2023.

Revealed by Globes, Israel enterprise information – en.globes.co.il – on Could 7, 2026.

© Copyright of Globes Writer Itonut (1983) Ltd., 2026.