18 June 2013 The New Bank of Israel A Farewell Conference Honoring Governor Stanley Fischer.
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18 June 2013 The New Bank of Israel A Farewell Conference Honoring Governor Stanley Fischer
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Transcript of 18 June 2013 The New Bank of Israel A Farewell Conference Honoring Governor Stanley Fischer.
18 June 2013
The New Bank of Israel
A Farewell Conference Honoring Governor Stanley Fischer
A new BOI LawA new BOI Law
Redefining policy objectives
Expanding policy tools at BOI's disposal
Expanding flexibility in FX reserves
management
Formation of a Monetary Committee
Formation of a Supervisory Council
The use of various policy tools
Intervention in Forex market;
Quantitative easing: Purchase of Government bonds;
Limitations on mortgages ( e.g. limiting LTVs, % in variable
rates);
Limitations on (disruptive) short term capital flows.
BOI operation
A new wage agreement;
A thorough reorganization of the BOI;
Business continuity plans and practices.
