IDF Spokeswoman Warns Gaza Residents Against Hamas Economic Deception Over Old Currency Notes

Captain Ella Avuya, the IDF spokesperson in Arabic, issued a rare warning to Gaza residents on August 10, 2026, cautioning them against an economic scam by Hamas involving old Israeli currency notes. She explained that Hamas is paying salaries and making payments using outdated banknotes that will soon become worthless, urging residents not to accept these notes. The Bank of Israel, responsible for issuing currency, has recommended exchanging old series notes for new ones, and most old notes have already been replaced. Avuya emphasized that anyone still holding old notes faces a severe financial risk as these bills will soon lose all value.

The statement also highlighted that Hamas leaders are reportedly protecting themselves by keeping new currency notes, while field operatives and Gaza residents bear the financial losses. Captain Avuya accused Hamas leadership of prioritizing their own interests at the expense of the population. She directly appealed to Gaza residents not to accept salaries or payments in old notes and to resist bearing the consequences of Hamas's economic mismanagement.

This warning reflects ongoing economic hardships in Gaza and the complex financial manipulation by Hamas amid broader tensions in the region. The IDF's public communication aims to inform and protect Gaza civilians from further economic harm caused by Hamas's actions.