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Israeli Shekel Jumps After Netanyahu Delays Judicial Overhaul

  • Currency trades at the strongest level in more than a month
  • Deutsche Bank strategists turn positive on Israeli local bonds
Protesters clash with police during an anti government demonstration in Tel Aviv, on March 27.

Protesters clash with police during an anti government demonstration in Tel Aviv, on March 27.

Photographer: Amir Levy/Getty Images
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Israel’s currency traded at the strongest level in more than a month after Prime Minister Benjamin Netanyahu said he’ll delay a controversial plan to weaken the judiciary “to avoid a civil war.”