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Markets18h 33m ago
Palestinian banks are refusing cash deposits from customers due to a surplus of Israeli shekels, making it harder for residents to spend paper money and for businesses to deposit earnings.
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Israeli-occupied West Bank
Who
Palestinian Monetary Authority, Palestinian banks, West Bank residents, business owners, Israel
What
Palestinian banks are refusing cash deposits from customers due to a surplus of Israeli shekels, making it harder for residents to spend paper money and for businesses to deposit earnings.
When
Mon, 20 Jul 2026 05:51:46 GMT · 18h 33m ago
Where
Israeli-occupied West Bank ·
Why
Israel's long-standing limit on accepting accumulated cash from Palestinian banks has created a surplus of Israeli shekels in Palestinian banks, leading to a lack of vault space.
The Frontline Impact
How this affects you
The growing surplus of Israeli shekels is gumming up the machinery of daily life in the West Bank and pushing the economy toward collapse, according to Palestinian officials and business owners.
Story chain
1 event in this threadNo related history yet - this is the origin event.