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Frequently Asked Questions on the Recent Financial Events
Last Modified at:15-Dec-2008
Frequently Asked Questions on the Recent Financial Events The Bank of Israel publishes in its website a series of questions and answers (FAQ) to help Israeli citizens and investors to deal with the current events in the local and global markets.

The answers cover not only practical measures and advice regarding the crisis and its implications on the Israeli markets, but also extensive information about the factors that led to the global crisis and the efforts that are currently made world wide to deal with it.

In addition, information is also provided about future lessons that can be learned from the crisis with regard to the optimal structure for the financial system in Israel, and to the growth and inflation forecasts made by the bank for 2009.

The comprehensive explanations provided in this FAQ give an accurate impression of the supervisory measures taken by the banking system in Israel, the scenarios being assessed and the role the Bank of Israel has in the maintenance of financial stability in the economy.

Most important, the main objective of the Bank of Israel is to lessen the concerns in the Israeli public in the event of a bank failure, based on the bank's general monetary policy, the stability of Israel's interbank loan market, the reserves of the Bank of Israel and the bank's foreign currency deposits.

The Bank of Israel will update the information from time to time in accordance with developments in Israel and the world, and as the implications on the Israeli market become clearer. In addition to the online version of these explanations, a PDF version is also available for download from the bank's website.

 Frequently Asked Questions on the Crisis and its Implications for Israel
 Bank of Israel
 Information for investors at the gov.il portal

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