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As the central bank of the country, the bank performs the following functions:
The bank of Israel is being headed by the Governor. The Governor of the bank is assisted by two deputies who are appointed by the Government in consultation with the Governor. The Governor is appointed for a period of two years. The Governor is responsible for managing the Bank of Israel and determining the policy of the bank.
The Address and Contact details of the bank is as follows:
Address: Bank of Israel Street P.O. Box 780 Jerusalem 91007 ISRAEL
Phone No.: ++972-2-655 22 11
In 2009, US trucking company YRC Worldwide faced ruin as it struggled to restructure its debt. With tens of thousands of jobs at stake, the Teamsters union, led by James Hoffa, accused some YRC bondholders of sabotaging restructuring negotiations by purchasing credit default swaps (CDS) on their debt. Read more
Stephen S. Roach,
Isam al Khafaji,
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