Israel's forex reserves nudge 200 bln USD in May


JERUSALEM, June 7 (Xinhua) -- Israel's foreign exchange reserves increased to about 199.81 billion U.S. dollars at the end of May, up from 197.63 billion dollars in April, according to the figures issued by the Bank of Israel on Tuesday.

This is the first monthly rise in Israel's forex reserves after four consecutive monthly drops that followed an all-time high of about 213 billion dollars recorded in December 2021, according to the Israeli central bank.

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