Israel's shekel flat after Trump says U.S. targeting Gaza Strip takeover
ReutersFeb 5, 2025 7:42 AM
LONDON, Feb 5 (Reuters) - Israel's shekel currency was largely flat against the dollar on Wednesday, after U.S. President Donald Trump said his country would like to take over the Gaza Strip.
The shekel was trading at 3.56 versus the dollar, a change of 0.08% from Tuesday's close. Israeli sovereign bonds were also little changed, as were those of Lebanon and Egypt.
Israel's economy has largely weathered the war, while
Lebanon's defaulted dollar bonds returned around 100% last year as investors anticipated Middle East conflict weakening armed group Hezbollah.
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