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Sovereign Wealth Funds Briefing - Categorized | Reserve Currencies

Israel’s currency reserves rise to record $73.8 bln

Posted on 08 March 2011

From Bloomberg: Israel’s foreign currency reserves rose to a record in February, helped by central bank purchases. Reserves increased to $73.8 billion, from $73.4 billion at the end of the previous month, the Bank of Israel said.
The bank bought $200 million in February, it said. The reserves also benefited from a $441 million revaluation and an increase of $28 million from private sector transactions, which were partially offset by government transfers abroad of $278 million, it said……………………………………….Full Article: Source

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