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Israel's general election competition is fierce. Counting of votes is still ongoing. No political party has a clear path to form a cabinet. At one point, the Israeli shekel fell 1.6% against the US dollar. The shekel depreciated 1% against the US dollar, the biggest decline in two weeks, and ranked among the currencies with the biggest decline in the world on the same day. The currency had been rising for three consecutive days before the general election.
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Israel's general election competition is intense, and counting of votes is still ongoing. No political party has a clear path to form a cabinet. At one point, the Israeli shekel fell 1.6% against the US dollar. The shekel depreciated 1% against the US dollar, the biggest decline in two weeks, and ranked among the currencies with the biggest decline in the world on the same day. The currency had been rising for three consecutive days before the general election.
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