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Home›Russian currency›Taliban: Taliban ban foreign currency use in Afghanistan

Taliban: Taliban ban foreign currency use in Afghanistan

By Lawrence C. Saleh
November 3, 2021
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KABUL: In a move that is sure to further disrupt the Afghan economy which is already on the brink of collapse, the Taliban have announced a total ban on the use of foreign currency in the country and warned against measures to violation of the order, Al-Jazeera reported.
“The Islamic Emirate (Taliban) calls on all citizens, traders, traders, businessmen and the general public to (…) carry out all transactions in Afghanis and to strictly refrain from using foreign currency The news channel said, citing the statement of Taliban spokesman Zabiullah Mujahid. saying.
“Anyone violating this order will be liable to prosecution,” the statement read.
According to the channel, the US dollar is the popular medium of exchange in the Afghan markets. Bordering areas use the currency of neighboring countries like Pakistan for trading purposes, the news channel reported.
Notably, Afghanistan’s access to more than $ 9.5 billion was blocked by the United States, the World Bank and the International Monetary Fund (IMF) after the Taliban took control in Kabul on August 15. .
Millions of Afghans have been internally displaced and thousands have left the country, causing a growing humanitarian crisis.
The country is in dire economic straits without international support and connectivity, resulting in an extremely difficult situation for ordinary people.


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