Jamie Chisholm is a markets reporter based in London.
The Israeli shekel fell for an eighth consecutive session on Thursday, hitting its weakest versus the dollar since 2015, as the war with Hamas continued.
Fears that Israel’s economy will be damaged by a drawn out conflict caused Fitch Ratings on Tuesday to warn it may have to downgrade the country’s A+ rating. The Tel Aviv 125 equity index XX:TA100 sits near a two-year low having lost 9% in just the last month. U.S. investors can track the market via the iShares MSCI Israel ETF EIS.
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