Associated Press July 20, 2026 • 04:07

The Palestinian economy is struggling. In the West Bank, the problem is too much cash - AP News

By Sam Metz, Jalal Bwaitel

The Palestinian economy is struggling. In the West Bank, the problem is too much cash - AP News

In most places, cash is king. But in the Israeli-occupied West Bank, having too much is gumming up the machinery of daily life. The Palestinian Monetary Authority says Israel's longtime limit on accepting cash that accumulates in Palestinian banks is creating…

RAMALLAH, West Bank (AP) Picture this: A gas station customer pulls out a wad of bills to pay for a fill-up. The cashier refuses the money, explaining that the stations bank has stopped accepting not… [+7209 chars]

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