What’s next for Israeli shekel after sinking to 8-year low vs. USD?

What’s next for Israeli shekel after sinking to 8-year low vs. USD?

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As the hostilities between Israel and Hamas continue, the Israeli national currency, the shekel (ILS), has sunk to its lowest level against the United States dollar (USD) in over eight years amid investor uncertainty regarding the potential financial cost of a long war. Indeed, the USD/ILS trading…

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