The hunger crisis in Gaza has been exacerbated by a severe shortage of physical cash, making it increasingly difficult for Palestinians to purchase food from the few markets still operating. With banks and cash machines destroyed or closed, and restrictions preventing the entry of new currency, a black market for Israeli shekels has emerged, forcing residents to pay steep commissions just to access their own money. Prices for basic goods have soared, with essentials like flour and sugar costing several times more than before the conflict. Many people have resorted to selling personal belongings or seeking help from relatives abroad, while those with access to cash profit by charging high fees for withdrawals.

Original article source: https://www.nytimes.com/2025/08/09/world/middleeast/gaza-cash-crisis.html
Source Id: 2025-08-800534955