Israel's central bank said Monday that it is prepared to sell as much as $30 billion of its foreign currency reserves to shore up the shekel which has plummeted in value since the outbreak of war with Hamas.
As oil prices rise, stock markets fall, the dollar strengthens and the possibility of a political compromise recedes, the shekel is again losing ground.
With talk of compromise on the government's judicial overhaul plans again in the air, "Globes" asked market analysts how they see the foreign exchange market responding.