Hamas Keeping Money in the Bank of Israel
Middle East • February 2010 • Views: 316
Defense Minister Ehud Barak recently signed a document authorizing the depositing of 282.5 million shekels from banks in Gaza into the Bank of Israel. The humanitarian gesture intended to allow continuing commercial and banking activity in the Hamas-controlled area follows Hamas’s request that Israel exchange shekels for other currencies because smugglers running the tunnels from Gaza into Egypt are not accepting the Israeli currency.