Israel's Shekel Plummets Amid Tensions, Hamas Leader Assassinated

Largest Shekel Selloff in Two Years

The Israeli shekel is experiencing its most significant three-day selloff in two years as traders express concerns amid the escalating tensions in the region. The assassination of Hamas political leader Ismail Haniyeh has further fueled market instability.

Hamas Leader Killed in Iran

Hamas has announced the assassination of its political leader, Ismail Haniyeh, in a strike on his residence in Tehran. The group accuses Israel of carrying out the attack, which occurred after Haniyeh attended the swearing-in ceremony of Iranian President Ebrahim Raisi.

The assassination has sparked grief and anger among Palestinians in Gaza, who view Haniyeh as a key figure in their struggle for independence. The incident adds to the already tense situation in the region and raises concerns about potential retaliation from Hamas.