Why did Fisher object to inscribing G-d's name on the money bills?

Shortly after the announcement of the Governor of the Bank of Israel, Stanley Fischer that he will not continue in office the first story which indicates Fisher's Jewish values is published here.

It was during last term when an interesting initiative was jointly promoted by Ofer Cohen, chairman of Jewish values group, and MK Nissim Zeev of Shas. According to the initiative, it will be written on the money bills "In G-d we believe", as appears on the dollar of the United States of America.

At some point the two realized that the initiative is encountering opposition by the Bank of Israel.

In a conversation with Cohen he says, that one day he met the Governor in the Knesset and tried to test him - why is he "stopping" the initiative.

Fisher's reply startled him: "I did not want the name of G-d to be thrown right down the drain..."

'בחדרי' גם ברשתות החברתיות - הצטרפו!