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  • Shekel falls as Fitch puts Israel on rating watch negative amid Gaza escalation risk
18 Oct

Shekel falls as Fitch puts Israel on rating watch negative amid Gaza escalation risk

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Ratings agency warns of increased risk of a large-scale military conflict, if Hezbollah and Iran join the fighting, which could pull down Israel's A+ credit rating

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Points: -15

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Fitch Ratings
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2023 Israel-Hamas war
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