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Israel's shekel and bonds slide as Gaza ceasefire buckles - REUTERS

MARCH 19, 2025

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LONDON/TEL AVIV, March 18 (Reuters) - Israel's currency fell alongside its bonds and stock market on Tuesday as a wave of deadly airstrikes by its military in Gaza threatened the complete collapse of an already fragile two-month ceasefire with Hamas.


Concerns about both the humanitarian and economic costs of a return to intense fighting spiked as Israel's resumption of bombing of Gaza, which it said was a "preemptive offensive" to try to force the release of its remaining hostages, prompted anger from Hamas.


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