Moody's credit rating agency postponed the announcement of Israel's new credit rating, due to the continuation of military operations.
The agency reported last week that the current escalation in Gaza would test the resilience of the Israeli economy.
The agency stated at the time that the security event would be different from previous operations, in reference to the Israeli shock over the Hamas attack on the settlements surrounding the Gaza Strip, and the army’s reaction towards the Gaza Strip.
The report said: In the past, Israel's sovereign credit file showed resilience in the face of attacks and military action. However, a prolonged conflict that permanently and significantly weakens economic activity would test that resilience.
