International Reserves in Israel

Israel International Reserves | Economic News & Forecasts

Israel - International Reserves

The economy appeared to lose some momentum in Q3, amid a surge in Covid-19 cases and the consequent tightening of restrictions. Growth in the Composite State of the Economy Index averaged lower in July–August relative to Q2, while consumer sentiment was markedly more downbeat in Q3 compared to Q2, which could have weighed somewhat on private consumption. Heading into the final quarter, the requirement for citizens to receive a booster vaccine in order to access public venues could be dampening spending somewhat. However, the booster rollout has also seen Covid-19 cases plummet, boding well for confidence and enabling the government to announce the reopening of borders to foreign tourists from 1 November. In politics, wrangling within the governing coalition over the 2022 budget has delayed its passage: The budget must be approved by 14 November in order to avert fresh elections.

Israel - International Reserves Data

2015   2016   2017   2018   2019  
International Reserves (USD)90.6  98.4  113  115  126  

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Israel International Reserves Chart

Israel International Reserves
Note: International reserves in months of imports.
Source: Central Bank of Israel and FocusEconomics calculations.

Israel Facts

Value Change Date
Bond Yield0.98-1.69 %Jan 01
Exchange Rate3.46-0.37 %Dec 31

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