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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%. The increase 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. Published by Globes, Israel business news - en.globes.co.il - on November 9, 2025. © Copyright of Globes Publisher Itonut (1983) Ltd., 2025.