The ceasefire agreement between Israel and Lebanon has led to investment banks and rating agencies revising their forecasts for the Israeli economy. UBS and Goldman Sachs both see a significant strengthening of the shekel and an improvement in Israel's credit rating. However, ratings agencies Fitch and Moody's are more skeptical, highlighting the ongoing risks from the war in Gaza and tensions with Iran.
image sourced from original article at https://en.globes.co.il/en/article-goldman-sachs-and-ubs-see-shekel-gaining-sharply-1001495553Original article source: https://en.globes.co.il/en/article-goldman-sachs-and-ubs-see-shekel-gaining-sharply-1001495553
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