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The currency continues to plunge amid record inflation despite several rate hikes by the central bank The Turkish currency continued to decline on Monday, falling below 28 lira against the US dollar, marking its lowest level on record. The currency is down more than 50% against the greenback so far this year.

The shekel has plunged amid the escalation in violence following an attack by militant group Hamas The Israeli shekel fell 3% against the US dollar on Monday to trade at more than 3.96, marking its weakest level in eight years. The currency has plunged amid the escalation in the conflict between Israel’s security forces and…