Market Extra: Israel-Hamas war sends shekel to 8-year low on fears of economic blowback

Market Extra: Israel-Hamas war sends shekel to 8-year low on fears of economic blowback

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The Israeli new shekel touched its weakest level against the U.S. dollar in more than eight years on Monday as investors fretted about the potential economic blowback of a prolonged conflict with Hamas. The shekel USDILS, traded as weak as 4.006 to the dollar on Monday, breaking above four to the…

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