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Taliban bans use of foreign currency amid economic woes in Afghanistan
[PUBLISH.TWITTER]
The use of foreign currencies in Afghanistan will be banned as a response to the country's current economic troubles, a Taliban  ...Arabic for students... * front man has announced. "The economic situation and national interests in the country require that all Afghans use Afghan currency in their every trade", the Taliban announced. As the country faces economic crisis and the Taliban-controlled central bank struggles to change the situation, the population has widely resorted to the use of US dollars as a means of trade and payment, as well as the currencies of neighbouring countries, such as the Pak rupee. Economic woes struck the country soon after the Taliban seized the capital and the rest of the nation in the middle of August 2021. People had trouble getting their hands on cash or withdrawing it from bank accounts as the central bank had imposed restrictions, while companies often could not receive wires from abroad and fulfil their international obligations. Posted by: Fred 2021-11-03 |
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