Israeli Shekel Goes to Worst From Best on Judicial Overhaul Bill
- Controversial judicial overhaul bill passes parliament
- Internal strife leaves shekel with new political risk premium
Photographer: Abbas Momani/AFP/Getty Images
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Israel’s shekel swung to the world’s biggest loss from the biggest gain on Monday as investors weighed whether rising political tension in the country will do long-term damage to the appeal of a currency still supported by real returns.