Markets Relieved as Karnit Flug Seen Preserving Fischer's Policies at Bank of Israel

But analysts warn that new governor starts off with a handicap because she wasn't the prime minister's first choice.

Shelly Appelberg

Oct 21, 2013 4:52 AM

Israel's financial markets hailed the appointment of Karnit Flug as the ninth Bank of Israel governor Sunday, but analysts warned that she faces a host of economic and personal challenges.

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