The Israeli shekel plummeted to its lowest point in almost eight years against the U.S. dollar on Monday, driven by escalating conflict in the Middle East. Hamas militants launched an attack, resulting in the death of 700 Israelis and the abduction of dozens.

Israeli shekel falls to 8-year low amid escalating conflict: Report  

Israel’s government already approved aid of 100 billion shekels ($29 billion), but only about half has been allocated

Your Story: Israel's budget deficit may double to 13% of GDP

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Israeli shekel falls to 8-year low amid escalating conflict: Report

Your Story: Israel's budget deficit may double to 13% of GDP