Bank of Israel​

Israel’s foreign exchange reserves at the end of May 2025 stood at $223,626 million, an increase of $1,591 million from their level at the end of the previous month. The level of the reserves relative to GDP was 40.8% percent

The Governor of the Bank of Israel, the Monetary Committee, the Supervisory Council, the Bank of Israel’s management, employees, and retirees all express their deep condolences to the family and mourn the passing of Professor Stanley Fischer, former Governor of the Bank of Israel, who passed away last night.

The Composite State of the Economy Index declined in April by 0.10 percent. The Index was negatively influenced by a sharp decline in goods exports in April, and by declines in the volume of credit card purchases and in the job vacancy rate in that month. In contrast, increases in the import of consumption goods and the import of production inputs (April), and the Industrial Production Index (March) positively influenced the index.

The Monetary Committee decides on May 26, 2025 to leave the interest rate unchanged at 4.5 percent.

ממשלת ישראל אישרה את המלצת ועדת האיתור למנות את פרופ' אורי חפץ לחבר בוועדה המוניטרית של בנק ישראל. המינוי נכנס לתוקפו בתאריך 23.05.2025.