Bank of Israel Tests National Currency System Readiness for Earthquake Scenario

The Bank of Israel, led by its Currency Department, conducted a comprehensive national emergency drill this week to assess the currency system's functionality and preparedness for an extreme earthquake scenario. The exercise aimed to ensure the continuity of cash supply and the preservation of essential banking services for citizens during a crisis.

Initial findings indicate that the system and its participating entities demonstrated a high level of readiness. Limor Goldstein, head of the Currency Department, emphasized the drill's significance in strengthening the system's resilience. She stated that maintaining cash as a strategic national infrastructure is crucial for bolstering civilian resilience and preserving personal security, both in routine times and emergencies.

The drill was designed to guarantee professional and practiced readiness for critical moments, ensuring the system can withstand and respond effectively to a severe natural disaster like an earthquake.