The ceasefire went into effect at 12:15 Moscow time after Hamas handed over a list of three hostages to be released within a day, Reuters reports.
The handover of the hostages is expected to take place around 17:00 Moscow time today. Four more hostages will be released within a week.
Earlier, Israeli Prime Minister Benjamin Netanyahu said the ceasefire would not go into effect until Hamas handed over a list of hostages for release.
This morning, the IDF conducted shelling in the Gaza Strip, which killed 10 people, TASS reports.
The agreement requires Hamas to release 33 hostages and Israel to release 1,890 Palestinian prisoners.
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