Foreign Exchange Reserves at the Bank of Israel, March 2026
Summary
The Bank of Israel reported that the country's foreign exchange reserves stood at $228,271 million ($228.3 billion) at end of March 2026, a decrease of $6,274 million from the revised $234,545 million at end of February 2026. The decrease was primarily due to a revaluation effect that reduced reserves by approximately $8,936 million, partially offset by government FX activities of approximately $2,681 million. Reserves represent 37.2% of GDP.
What changed
The Bank of Israel released its monthly foreign exchange reserves report for March 2026, showing total reserves of $228,271 million, down from the revised $234,545 million at end of February 2026. The $6,274 million decrease was mainly attributable to a revaluation effect of approximately $8,936 million, which was partially offset by government foreign exchange activities of approximately $2,681 million.
This monthly statistical release provides no new compliance obligations or regulatory requirements. It is an informational update on Israel's FX reserve position relative to GDP (37.2%). Financial institutions and market participants may use this data for currency risk assessment and macroeconomic analysis.
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Apr 12, 2026GovPing captured this document from the original source. If the source has since changed or been removed, this is the text as it existed at that time.
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Foreign Exchange Reserves at the Bank of Israel, March 2026
Israel’s foreign exchange reserves at the end of March 2026 stood at $228,271 million, a decrease of $6,274 million from their level at the end of the previous month. The level of the reserves relative to GDP was 37.2 percent 12/04/2026 Share: To view this press release as a word file, click here
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Israel’s foreign exchange reserves at the end of March 2026 stood at $228,271 million, a decrease of $6,274 million from their level at the end of the previous month. The level of the reserves relative to GDP was 37.2 percent (Figure 1).
The decrease was mainly the result of a revaluation [1] that decreased the reserves by approximately $8,936 million. This decrease was partly offset by the government’s foreign exchange activities totaling approximately $2,681 million.
Israel's Foreign Exchange Reserves ($ million)
| Date | Reserves excluding IMF | Reserves at the IMF [2] | Total Foreign Exchange Reserves |
| March 2026 | 223,697 | 4,574 | 228,271 |
| February 2026 | 229,909 c | 4,636 | 234,545 c |
| January 2026 | 228,360 c | 4,682 | 233,042 c |
| December 2025 | 224,834 c | 4,674 c | 229,508 c |
| November 2025 | 226,794 | 4,631 | 231,425 |
| October 2025 | 227,295 | 4,659 | 231,954 |
| September 2025 | 227,246 | 4,634 | 231,880 |
| August 2025 | 225,694 c | 4,626 | 230,320 c |
| July 2025 | 222,157 | 4,611 | 226,768 |
| June 2025 | 223,651 | 4,599 | 228,250 |
| May 2025 | 219,086 c | 4,553 | 223,639 c |
| April 2025 | 217,489 | 4,546 | 222,035 |
| March 2025 | 214,394 c | 4,416 | 218,810 c |
Figure 1
Level of foreign exchange reserves, and their ratio to GDP, 2008–2026
a Includes Bank of Israel payments and receipts in foreign currency.
b This column includes Special Drawing Rights (SDRs), the balance of NAB loans, and the balance of Israel's reserve tranche at the IMF.
c Updated after the original date of publication.
This page was last updated on: 12/04/2026
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