The Israeli shekel fell to its lowest level in almost eight years against the US dollar on Monday, October 10, as confrontations continued between Israel and the Gaza Strip.

The currency pair is not particularly active during Asian hours. In the latest trading, the shekel fell more than 3% against the dollar to 3.9581.

Yesterday, Sunday, the main index of the Tel Aviv Stock Exchange fell 6.7% at the close of the session in the wake of the military operations against Israel yesterday, Saturday, which were known as the Al-Aqsa flood.