US EditionMinister Gideon Sa'ar demands: Harm Hamas' economy with 200 shekel bills
5 Articles
5 Articles
Striking Hamas in the wallet: Israel mulls scrapping 200-shekel bills
Israel’s Foreign Minister Gideon Sa’ar has formally requested that the Governor of the Bank of Israel, Prof. Amir Yaron, cancel the legal tender status of certain 200-shekel notes—aiming to undermine the financial base of Hamas in Gaza. According to Sa’ar, Hamas relies heavily on physical cash circulating in Gaza, estimated to amount to billions of shekels. A volunteer expert team assessed that approximately 80% of Hamas’ cash holdings are in th…
Earlier today (Thursday), Foreign Minister Gideon Sa'ar addressed the Governor of the Bank of Israel with a request that he bring about the denial of the financing ability of terrorist organizations, by canceling certain series of 200 NIS banknotes. A few minutes ago, the Bank of Israel responded to Sa'ar's claim and wrote that "cancelling the 200 NIS banknote is not on the agenda." They claim: "Despite raising the issue, the Governor has not be…
The Minister of Foreign Affairs appealed to the Governor of the Bank of Israel Prof. Amir Yaron with a request to cancel the NIS 200 banknotes, because it is estimated that about 80% of all Hamas cash is held in the form of these banknotes
The terrorist organization holds a huge amount of cash, estimated at about a billion dollars (about four billion shekels) • 80 percent of the cash - in 200 shekel bills • A senior security official explained the difficulty of canceling only the bills in Hamas' hands: "There is trade between Gaza and the West Bank - and the cash is also flowing into Israel."
Coverage Details
Bias Distribution
- 100% of the sources lean Right
To view factuality data please Upgrade to Premium
