Las reservas de divisas de Israel cayeron en 4.600 millones de dólares en septiembre
El Banco de Israel anunció que las reservas de divisas cayeron en septiembre en 4.600 millones de dólares y totalizaron 237.000 millones de dólares, lo que representa el 34,2% del PIB. La mayor parte de…
Valoración
Israel's foreign exchange reserves dropped by 4.6 billion dollars in September, landing at 237 billion dollars, or 34.2 percent of GDP. The decline is mostly technical, driven by currency revaluation of 4.4 billion dollars rather than active intervention. Government operations in the foreign exchange market accounted for 272 million dollars of the decrease. Watch whether this trend continues in coming months, since reserve levels as a share of output matter for Israel's creditworthiness and its ability to defend the shekel during shocks.