Home » Economy » Israeli Shekel Plummets 2% Against Dollar Amidst Hamas-Israel Conflict: Latest Update from the Bank of Israel

Israeli Shekel Plummets 2% Against Dollar Amidst Hamas-Israel Conflict: Latest Update from the Bank of Israel

by Alexandra Hartman Editor-in-Chief

2023-10-09 22:19:24

This is one of the main consequences of the military confrontation between the Palestinian movement Hamas and the State of Israel over the past 48 hours. The shekel, the Israeli national currency, recorded a sharp decline of 2% once morest the dollar this Monday, October 9, 2023, reaching $0.25. The Bank of Israel immediately reacted by announcing the……

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