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The Governor of the Bank of Israel has decided on the personalities to appear on
the planned new series of banknotes: Menachem Begin, Yitzhak Rabin,
Shai (Shmuel Yosef) Agnon, and Rachel the Poetess
The Governor of the Bank of Israel, Professor Stanley Fischer, has informed the Committee for the Planning of Banknotes, Coins and Commemorative Coins, headed by Judge Yaacov Turkel, that he has chosen four personalitiesto be submitted for government approvalto appear on the planned new series of banknotes.
After a long process of consultation and discussions between the Committee and the Governor, the Governor decided to incorporate two aspects of Israel's history, the political and the cultural, by depicting two politicians who signed peace agreements with Israel's neighbors, and two outstanding people in the fields of literature and poetry.
The Governor said that it was of historical importance, in particular for future generations, to denote the leaders of the nation, and the characters chosen convey an important lesson in Israel's heritage. The Governor thanked the members of the Committee, chaired by Judge Turkel, for the time they devoted to this matter and for their recommendations.
The Bank plans to launch the new series of banknotes in 2012 in denominations of 20, 50, 100 and 200 shekel. The new banknotes will incorporate state-of-the-art security and identification features among the anti-counterfeiting measures.