AIRLINK 185.82 Decreased By ▼ -2.66 (-1.41%)
BOP 12.59 Decreased By ▼ -0.11 (-0.87%)
CNERGY 7.13 Decreased By ▼ -0.12 (-1.66%)
FCCL 41.46 Decreased By ▼ -1.01 (-2.38%)
FFL 15.34 Decreased By ▼ -0.11 (-0.71%)
FLYNG 25.69 Increased By ▲ 0.46 (1.82%)
HUBC 131.92 Decreased By ▼ -1.54 (-1.15%)
HUMNL 14.20 Decreased By ▼ -0.20 (-1.39%)
KEL 4.62 Decreased By ▼ -0.17 (-3.55%)
KOSM 6.21 Decreased By ▼ -0.13 (-2.05%)
MLCF 51.13 Increased By ▲ 2.09 (4.26%)
OGDC 213.33 Increased By ▲ 2.96 (1.41%)
PACE 6.70 Increased By ▲ 0.27 (4.2%)
PAEL 41.47 Decreased By ▼ -1.02 (-2.4%)
PIAHCLA 16.72 Decreased By ▼ -0.17 (-1.01%)
PIBTL 8.67 Decreased By ▼ -0.25 (-2.8%)
POWER 10.90 Increased By ▲ 0.17 (1.58%)
PPL 176.76 Decreased By ▼ -1.30 (-0.73%)
PRL 35.64 Increased By ▲ 0.40 (1.14%)
PTC 24.82 Increased By ▲ 0.01 (0.04%)
SEARL 97.32 Increased By ▲ 0.49 (0.51%)
SILK 1.12 Increased By ▲ 0.01 (0.9%)
SSGC 31.46 Decreased By ▼ -0.43 (-1.35%)
SYM 18.03 Increased By ▲ 0.31 (1.75%)
TELE 8.26 Decreased By ▼ -0.05 (-0.6%)
TPLP 11.70 Decreased By ▼ -0.16 (-1.35%)
TRG 60.06 Decreased By ▼ -3.21 (-5.07%)
WAVESAPP 11.53 Decreased By ▼ -0.11 (-0.95%)
WTL 1.49 No Change ▼ 0.00 (0%)
YOUW 3.91 Decreased By ▼ -0.03 (-0.76%)
AIRLINK 185.82 Decreased By ▼ -2.66 (-1.41%)
BOP 12.59 Decreased By ▼ -0.11 (-0.87%)
CNERGY 7.13 Decreased By ▼ -0.12 (-1.66%)
FCCL 41.46 Decreased By ▼ -1.01 (-2.38%)
FFL 15.34 Decreased By ▼ -0.11 (-0.71%)
FLYNG 25.69 Increased By ▲ 0.46 (1.82%)
HUBC 131.92 Decreased By ▼ -1.54 (-1.15%)
HUMNL 14.20 Decreased By ▼ -0.20 (-1.39%)
KEL 4.62 Decreased By ▼ -0.17 (-3.55%)
KOSM 6.21 Decreased By ▼ -0.13 (-2.05%)
MLCF 51.13 Increased By ▲ 2.09 (4.26%)
OGDC 213.33 Increased By ▲ 2.96 (1.41%)
PACE 6.70 Increased By ▲ 0.27 (4.2%)
PAEL 41.47 Decreased By ▼ -1.02 (-2.4%)
PIAHCLA 16.72 Decreased By ▼ -0.17 (-1.01%)
PIBTL 8.67 Decreased By ▼ -0.25 (-2.8%)
POWER 10.90 Increased By ▲ 0.17 (1.58%)
PPL 176.76 Decreased By ▼ -1.30 (-0.73%)
PRL 35.64 Increased By ▲ 0.40 (1.14%)
PTC 24.82 Increased By ▲ 0.01 (0.04%)
SEARL 97.32 Increased By ▲ 0.49 (0.51%)
SILK 1.12 Increased By ▲ 0.01 (0.9%)
SSGC 31.46 Decreased By ▼ -0.43 (-1.35%)
SYM 18.03 Increased By ▲ 0.31 (1.75%)
TELE 8.26 Decreased By ▼ -0.05 (-0.6%)
TPLP 11.70 Decreased By ▼ -0.16 (-1.35%)
TRG 60.06 Decreased By ▼ -3.21 (-5.07%)
WAVESAPP 11.53 Decreased By ▼ -0.11 (-0.95%)
WTL 1.49 No Change ▼ 0.00 (0%)
YOUW 3.91 Decreased By ▼ -0.03 (-0.76%)
BR100 11,985 Decreased By -37.2 (-0.31%)
BR30 35,923 Decreased By -207 (-0.57%)
KSE100 114,528 Increased By 198 (0.17%)
KSE30 35,699 Increased By 86.5 (0.24%)

KABUL: The Taliban announced a complete ban on the use of foreign currency in Afghanistan on Tuesday.

"The economic situation and national interests in the country require that all Afghans use Afghan currency in their every trade," the group said in a statement shared with journalists by one of their spokesmen.

The use of US dollars is widespread in Afghanistan's markets, while border areas use the currency of neighbouring countries such as Pakistan for trade.

The surprise move came hours after at least 25 people were killed and more than 50 wounded when gunmen attacked Afghanistan's biggest military hospital after two heavy explosions at the site in central Kabul.

Afghan acting FM asks US to lift ban on central bank reserves

The Taliban government is pressing for the release of billions of dollars of central bank reserves as the drought-stricken nation faces a cash crunch, mass starvation and a new migration crisis.

Afghanistan parked billions of dollars in assets overseas with the US Federal Reserve and other central banks in Europe, but that money has been frozen since the Taliban ousted the Western-backed government in August.

The departure of US-led forces and many international donors left the country without grants that financed three quarters of public spending.

The finance ministry said it had a daily tax take of roughly 400 million Afghanis ($4.4 million).

Although Western powers want to avert a humanitarian disaster in Afghanistan, they have refused to officially recognise the Taliban government.

Comments

Comments are closed.