What happened: In Gaza, a growing number of people are repairing damaged banknotes after Israel halted banknote transfers and local banks were destroyed or looted.
Why it matters:
- Cash shortages affect everyday transactions and economic stability in Gaza
- Residents rely on repaired banknotes to maintain financial activity amid banking disruptions
MNN Take: With formal banking services disrupted, repairing physical currency has become a practical solution to keep the local economy functioning.
Sources: BBC World