When cash isn’t king


A Palestinian vegetable merchant showing a wad of worn-out Israeli currency.

CASH is the lifeblood of Gaza’s shattered economy – and, like food, fuel and medicine, it is in desperately short supply.

With nearly every bank branch and ATM inoperable, residents have become reliant on a growing network of powerful, unregulated cash brokers. Their commissions have soared to as much as 40%.

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