The Israeli shekel has reached its lowest value against the US dollar since August 7, following a series of violent incidents in Lebanon, including an explosion that injured dozens. The shekel fell to 3.8 against the dollar, a decline attributed to rising tensions and fears of regional conflict amid the ongoing war in Gaza.
On the same day, Israeli airstrikes reportedly killed three members of Hezbollah in southern Lebanon. The Israeli military confirmed the strikes targeted a 'terrorist infrastructure site' in the Blida region, while Lebanese sources reported multiple casualties from an explosion of communication devices used by Hezbollah.
The situation escalated when dozens of Hezbollah members were injured due to the simultaneous explosion of their pagers, which some sources allege was caused by an Israeli hack. This incident has further strained the already tense relationship between Israel and Hezbollah, as both sides continue to engage in retaliatory actions.
- The shekel's decline reflects broader economic concerns in Israel as geopolitical tensions rise in the region. Investors are closely monitoring the situation, with the potential for further fluctuations in the currency market as events unfold.
- The explosion of the pagers, reportedly linked to advanced technology used by Hezbollah, raises questions about the group's security measures and Israel's capabilities in electronic warfare. As the conflict continues, both sides are likely to ramp up their military strategies, impacting civilian life and economic stability in the region.