Ynet: July: Foreign currency reserves up to $75.4B
Published on Aug 13 2012 // Business and Financial News, Economy
08.12.12, 14:19–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.
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…Read More>>
