Xinhua: Afghanistan’s central bank would inject 11 million U.S. dollars into the local market in a bid to strengthen the national currency, afghani, Da Afghanistan Bank (DAB) said on Sunday. The DAB was requesting all eligible banks, foreign exchange and monetary service providers to participate in the auction scheduled on Monday, according to a DAB
Ariana: Officials at Da Afghanistan Bank, the country’s central bank, announced Wednesday that nearly $900 million in humanitarian cash aid has been sent to Afghanistan since the collapse of the former government. According to Bakhtar News Agency, Mohammad Saber Momand, a spokesman for Da Afghanistan Bank, said: “Thanks to the series of humanitarian aid to
Ariana: Da Afghanistan Bank (DAB), the country’s central bank, took delivery of another cash aid shipment of $32 million on Monday. Officials from the bank took delivery of the package and immediately handed it over to a commercial bank, DAB officials confirmed. This comes after Saturday’s shipment of the same amount. Under the guidance of
Ariana: Da Afghanistan Bank (DAB) officials said that $32 million in cash aid arrived in Kabul on Sunday. The central bank officials said that the cash was immediately transferred to the Afghanistan International Bank (AIB). Click here to read more (external link).
WSJ: Noor Ahmad Agha, a senior Taliban military and financial leader, serves as the No. 2 official of Afghanistan’s central bank. Click here to read more (external link).
Tolo News: The Central Bank said it has released millions of US dollars into the market to preserve the value of the Afghan currency against foreign currencies. However, analysts believe that selling dollars to the Afghan markets will help the Afghan currency to maintain its value for a temporary period of time and that the
8am: Following Joe Biden’s executive order to cut Afghanistan’s foreign exchange reserves and release another part of the country’s funds, Pakistan’s representative to the United Nations Munir Akram said: “Half a loaf of bread is better than nothing.” Click here to read more (external link). Related US Decree on Afghan Assets Is Unjust, DAB Says
Ariana: Da Afghanistan Bank (Central Bank of Afghanistan), said Thursday, said that Automated Teller Machine (ATM) services by commercial banks will be resumed in the country. Da Afghanistan Bank, so far, has not disclosed the amount of money people can withdraw from the ATMs. Click here to read more (external link).
Michael Hughes AOPNEWS January 13, 2022 UN Secretary-General Antonio Guterres urged the international community to immediately inject liquidity into the Afghan economy and ensure the country’s central bank is preserved as millions face starvation and death. The global community, led by the United States, since the collapse of Kabul has made extensive efforts to bypass
Bloomberg: The Afghanistan economy was already in bad shape, with heavy reliance on foreign dollars, prior to the collapse of the government and the takeover by the Taliban. Since the fall, things have gotten even worse, with inflation accelerating and GDP plunging. There are multiple factors driving the leg lower, though the main one is