Reserves continue to break Records at over $231.954 billion

Photo credit: Bank of Israel credit: Shutterstock

The state of Israel’s foreign exchange reserves at the end of October 2025 rose to $231.954 billion – a new record – an increase of $74 million from their level at the end of September, the Bank of Israel reports. The level of the reserves relative to GDP at the end of July was 41.3%, according to Globes, Israel business news.

The increase in the FX, report says was the result of a revaluation that increased the reserves by about $607 million, partly offset by foreign exchange activities by the government totaling about $550 million.

Israel’s foreign exchange reserves have risen from $216.074 billion at the end of October 2024 to a record $231.954 billion at the end of October 2025.

In June, the Bank of Israel sold nearly $300 million in foreign currency – its first such sales since the early months of the war. Despite announcing in October 2023 at the start of the war, a plan to sell up to $30 billion in foreign currency to support the shekel, the Bank of Israel only sold $8.5 billion in foreign currency, most of it in October and November 2023.

Israel has a technologically advanced market economy driven by a strong high-tech sector, including cybersecurity and AI. Key exports include diamonds, high-tech equipment, and pharmaceuticals. Despite recent geopolitical challenges, the economy has shown resilience due to a strong fiscal position, a stable financial system, and high employment rates.

The economy’s strength is supported by a skilled workforce, high R&D investment, and a vibrant startup ecosystem.

Published by Globes, Israel business news – en.globes.co.il – on November 9, 2025.