Bank of Israel chief convened stability panel amid market turmoil

  • Bank of Israel Governor Amir Yaron held an emergency meeting of the country's Financial Stability Committee late on Wednesday to discuss developments in the financial markets including a sharp weakening of the shekel, Israeli media reported.

Bank of Israel Governor Amir Yaron held an emergency meeting of the country's Financial Stability Committee late on Wednesday to discuss developments in the financial markets including a sharp weakening of the shekel, Israeli media reported.

Reuters Report

The central bank on Thursday declined to comment on whether a meeting took place.

Israel's shekel has plunged in recent sessions to a three-year low versus the dollar amid investor jitters stemming from the government's plan to overhaul the country's judiciary

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