FX: #Israel #shekel is less than 1% away from erasing the depreciation seen since Oct. 7, the day the #war began. It’s recovered about 5% of its value against US #Dollar since reaching an 11y low late last month, chart @markets https://www.bloomberg.com/news/articles/2023-11-07/israeli-shekel-recoups-most-war-losses-with-central-bank-support#xj4y7vzkg
Israeli Shekel (ILS USD) Recoups Most War Losses With Central Bank Support

Israel’s shekel has recouped its losses since the war between Israel and Hamas began, with the central bank revealing on Tuesday that it sold more than $8 billion in October to defend it.

Bloomberg