Central bank governor: Global monetary divergence challenging for Israel
Israel was "perceived as an 'emerging markets safe haven,' and appreciation pressures emerged," Bank of Israel governor Prof. Amir Yaron explained.
Amir Yaron speaks during a ceremony whereby he is sworn in as Bank of Israel governor by Israel's President Reuven Rivlin, in the presence of Prime Minister Benjamin Netanyahu and Finance Minister Moshe Kahlon, in Jerusalem(photo credit: REUTERS)ByEYTAN HALON