Central Florida's Independent Jewish Voice
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Israeli Prime Minister Benjamin Netanyahu announced last Sunday that former Bank of Israel Governor Prof. Jacob Frenkel, who headed the central bank between 1991 and 2000, will replace outgoing Bank of Israel Governor Stanley Fischer, whose term ended this week. The new governor’s nomination is pending the approval of the Public Service Nominations Committee, headed by Judge (ret.) Jacob Turkel, as well as a cabinet vote. The nomination faces a legislative hurdle, as the Bank of Israel Law of 1...