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Bank of Israel Governor Prof. Amir Yaron returned to Israel today from a trip to Switzerland and Sweden.  In Sweden, the Governor participated in a conference to mark the end of Stefan Ingves’s term as Governor of Sveriges Riksbank (the Swedish central bank), which began in 2006.  The conference featured the participation of central bank governors from around the world, who held discussions on the independence of central banks and its importance to the economy in many areas, such as the financial markets, the payments market, the conduct of monetary policy in the global economy, and more.

 

Prior to his participation at the conference in Sweden, the Governor took part in a meeting of central bank governors who are members of the Bank for International Settlement (BIS), which is held bi-monthly in Basel, Switzerland.  Further to his appointment in November 2021 as Chairman of the Small Open Economies group, Governor Yaron led the professional discussion on this topic.

 

From right: Sveriges Riksbank incoming Governor Erik Thedeen, Bank of Israel Governor Prof. Amir Yaron, and Sveriges Riksbank outgoing Governor Stefan Ingves.

Credit: Bank of Israel Spokesperson’s Office