Shekel
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The October War and its impact on Israel’s economy
Tehran, IRNA – Before the Zionist army attacked the Gaza Strip on October 7 last year, the economy of this regime was suffering from severe inflation, rising prices and low wages, and a decrease in the standard of living, and now, after more than 220 days of war, the scope of the crisis has become more severe and there has been a lot of economic and financial damage to the regime in various sectors.
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Israeli economy continues to suffer as Gaza war drags on
Tehran, IRNA – Six months into the Israeli regime’s war on Gaza, official figures and reports show that the regime’s economy has suffered huge losses, with its currency, the shekel, reaching its lowest rate against the US dollar in the past eight years.
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Zionist regime loses 1bn shekel daily in Gaza war
Tehran, IRNA – The labor minister of the Zionist regime has revealed that the regime is losing approximately one billion shekels (about $270 million) daily due to the ongoing conflict in Gaza.