Situation in Afghanistan

Taliban announced ban on foreign currency use in Afghanistan

by Reuters via Daily Sabah

The Taliban announced a complete ban on the use of foreign currency in Afghanistan on Tuesday, a move sure to cause further disruption to an economy pushed to the brink of collapse by the abrupt withdrawal of international support.

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.

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

The use of U.S. dollars is widespread in Afghanistan’s markets, while border areas use the currency of neighboring countries such as Pakistan for trade.

Read the full story on Daily Sabah

Source
Reuters via Daily Sabah
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