Leading US financial institution says it has 'a bearish bias' toward Israeli currency, warns 'political risk is likely to remain elevated' over government's judicial overhaul
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Local currency weakens to 3.85 against US dollar as hopes for a judicial compromise fade, increasing odds for FX intervention, and as Moody's meets with PM in Israel
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Credit rating agency upholds Israel's A+ rating with belief that overhaul won't be implemented in its original form and confidence in the country's resilient economy
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Exchange rate hits NIS 3.77 before settling at NIS 3.763, up more than 1% over the day before; euro also makes gains