LA Times: In previous years, the Afghan central bank — known as Da Afghanistan Bank, or DAB — would withdraw annually 3 billion to 4 billion afghanis’ worth (about $33 million to $45 million) of decrepit banknotes and substitute them with new ones printed abroad. (Afghanistan does not have its own mint.) But the international
Xinhua: Afghanistan received 40 million U.S. dollars in cash as humanitarian aid to bolster its impoverished economy on Wednesday, the country’s central bank announced. The war-town country received a similar amount on Sept. 13 as part of support to raise the country’s foreign reserve, which is more than 1 billion U.S. dollars. Click here to
NPR: A recent visit to Afghanistan showed a country facing an economic crisis. The banking system has seized up. Credit cards aren’t working. Afghans abroad struggle to send money to relatives back home. The central bank’s shortage of funds is far from Afghanistan’s only banking problem. Private banks have struggled to do business with foreign
Ariana: Da Afghanistan Bank (DAB) announced that a humanitarian cash aid package of $40 million arrived in Kabul on Tuesday. This comes just two days after another cash aid package of $40 million arrived in the country. DAB said in a statement that on arrival of the cash packages are transferred to a commercial bank
(Xinhua) — Afghanistan received a fresh batch of 40 million U.S. dollars in cash humanitarian aid and deposited to one of the country’s commercial banks, the central bank said in a statement on Monday. The last tranche of cash provided to Afghanistan as humanitarian aid was 32 million U.S. dollars, which helped the war-torn country
Bloomberg: Since the Taliban returned to power last year, the economic collapse of the already-fragile nation had pushed many Afghans to turn to online forex or cryptocurrency trading, partly to preserve their money and keep it out of the group’s reach. The bank has also tweeted a video showing two men in a boxing gym
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).