Why it is moving
The Bank of Israel's monetary policy framework influences real interest rate differentials and capital flows, which are primary determinants of shekel valuation in FX markets.
Driver data is partial
Some drivers have no confirmed source evidence yet, read those as context, not confirmation.
Main drivers
Bank of Israel monetary policy stance and market expectations around future rate decisions
No confirmed source evidence yet.
Major institutional positioning shifts in response to revised currency forecasts
No confirmed source evidence yet.
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