Taliban prohibit using of foreign currencies

9

Afghanistan’s Taliban government announced a ban on the use of foreign currencies on Tuesday, threatening further disruption to an already ailing economy.

Since the group seized power in mid-August, the national currency —Afghani — has depreciated and the country’s reserves are frozen abroad.

With the economy teetering, banks are running short of cash and the international community has so far refused to recognise the new government.

Meanwhile, many transactions inside the country are conducted in US dollars, and in areas close to southern border trade routes, Pakistani rupees are used.

Previous article13 injured in Balochistan’s Kharan blast
Next articleMuslim hawker beaten up, forced to chant ‘Jai Shri Ram’