Israel-Palestine war: War's impact on monetary policy: Bank of Israel's wartime policy

Israel's currency, the shekel, has plunged to an eight-year low, prompting swift action from the country's central bank. The Central Bank is likely to keep the benchmark interest rate unchanged. The Shekel's weakness is a growing concern among economists and traders, but the Central Bank's focus is clear: Stabilise the markets and provide maximum certainty to the economy and the public.