As the guns fall silent, Gazans find newly-reopened banks have no cash

Despite a recent ceasefire in Gaza, the region faces a severe cash crisis. Banks are reopening but lack funds, leaving people unable to withdraw money for daily necessities. The lack of physical cash has led to soaring prices and forced residents to rely on digital banking, which only allows for paperwork. Some have resorted to repairing damaged banknotes or selling belongings to survive. The Israeli agency overseeing goods in and out of Gaza has not provided updates, leaving the cash flow situation uncertain. The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.