Financial markets are hoping Prime Minister Benjamin Netanyahu keeps Bank of Israel Governor Amir Yaron for a second term to safeguard the bank's independence and provide reassuring stability to an economy rattled by political turmoil this year. Yaron has not shied away from criticism of the divisive judicial overhaul plan pushed by Netanyahu's national-religious coalition that has weighed on Israeli shares and sent the shekel to a three-year low against the dollar. Unease over the reforms, which have sparked one of the biggest waves of protest in Israel's history, have had significant economic costs, he said.
Financial markets are hoping Prime Minister Benjamin Netanyahu keeps Bank of Israel Governor Amir Yaron for a second term to safeguard the bank's independence and provide reassuring stability to an economy rattled by political turmoil this year. Yaron has not shied away from criticism of the divisive judicial overhaul plan pushed by Netanyahu's national-religious coalition that has weighed on Israeli shares and sent the shekel to a three-year low against the dollar. Unease over the reforms, which have sparked one of the biggest waves of protest in Israel's history, have had significant economic costs, he said.
Financial markets are
hoping Prime Minister Benjamin Netanyahu keeps Bank of Israel
Governor Amir Yaron for a second term to safeguard the bank s
independence and provide reassuring stability to an.
Analysis: Amid Israel turmoil, markets want continuity at central bank helm reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.