Israel’s foreign reserves fall by $7.3B in October amid Gaza war

Israel’s foreign reserves are now at their lowest level in a year

By Anadolu staff

JERUSALEM (AA) – Israel's foreign reserves have dropped by $7.3 billion in October amid the Israeli war on the Gaza Strip.

In a Tuesday statement, the Bank of Israel said the country’s foreign reserves reached $191.2 billion in October, down from $198.55 billion in September.

Israel’s reserves are now at their lowest level in a year.

Soon after the outbreak of the Gaza conflict on Oct. 7, the Bank of Israel announced a $45 billion package to support the shekel.

Israel has launched air and ground attacks on the Gaza Strip following a cross-border attack by Hamas on Oct. 7.

At least 10,328 Palestinians, including 4,237 children and 2,719 women, have been killed since then. The Israeli death toll, meanwhile, is nearly 1,600, according to official figures.

Kaynak:

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