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Moody's Stable rating for Israel is not changing, said the international rating agency's press relations manager, David Frohriep.

Moody's opinions of Israel have not changed, Frohriep clarified. Its rating already incorporates the escalation in hostilities and shocks the markets are undergoing.

The company's announcement from September 8 remains in force, he added, and will stay in force for the foreseeable future.

On September 8, Moody's lifted the Israeli government's long-term foreign currency debt rating from A3 to A2 and said its Rating Outlook, for the coming six to eight months, was Stable meaning, not expected to change.