Les réserves de change d’Israël ont baissé de 4,6 milliards de dollars en septembre
La Banque d’Israël a annoncé que les réserves de change ont baissé en septembre de 4,6 milliards de dollars pour s’établir à 237 milliards de dollars, soit 34,2 % du PIB. La baisse provient principalement…
Évaluation
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.