Following the Opposition's threats to leave negotiations at the President's Residence in case none of their representatives get selected to the Knesset's judicial committee, the US dollar soared to 3.6 shekels. and the euro rose at a similar rate and is now trading for 3.9 shekels.
At the same time, stock market indices are falling. The Tel Aviv 35 index fell by 1% and the Tel Aviv 90 index plunged by 1.9%.