City
Epaper

Taliban bans use of foreign currency in Afghanistan

By ANI | Updated: November 3, 2021 09:00 IST

In a move that is certain to cause further disruption to the Afghanistan economy that is already on the brink of collapse, the Taliban has announced a complete ban on the use of foreign currency in the country and warned of action for violating the order, reported Al-Jazeera.

Open in App

In a move that is certain to cause further disruption to the Afghanistan economy that is already on the brink of collapse, the Taliban has announced a complete ban on the use of foreign currency in the country and warned of action for violating the order, reported Al-Jazeera.

"The Islamic Emirate (Taliban) instructs all citizens, shopkeepers, traders, businessmen and the general public to ... conduct all transactions in Afghanis and strictly refrain from using foreign currency," the news channel quoted the statement by Taliban spokesperson Zabiullah Mujahid as saying.

"Anyone violating this order will face legal action," the statement further read.

According to the channel, the US dollar is the widespread medium of exchange in Afghanistan's markets. The bordering areas use the currency of neighbouring countries like Pakistan for trade purposes, reported the news channel.

Notably, Afghanistan's access to more than USD 9.5 billion has been blocked by the US, the World Bank and the International Monetary Fund (IMF) after the Taliban take-over in Kabul on August 15.

Millions of Afghans have been internally displaced, and thousands have left the country giving rise to a growing humanitarian crisis.

The country is in a dire economic situation with no international support and connectivity, resulting in an extremely difficult situation for ordinary people.

( With inputs from ANI )

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: al-jazeeraAfghanistanKabulTalibanZabiullah MujahidAfgTalibansTaliban movementAfghanistan talibanProminent taliban
Open in App

Related Stories

InternationalUS State Department Announces Permanent Closure of Peshawar Consulate in Pakistan

InternationalPakistan-Afghanistan Conflict: Pakistani Fighter Jet Crashes in Jalalabad, Pilot Captured

CricketAfghanistan T20 World Cup Staff Suffers Heart Attack in New Delhi

InternationalWhite House Shooting: Suspect Rahmanullah Lakanwal Worked With Amazon and US Military, Say Reports

CricketZimbabwe Clinch First Home Test Victory Since 2013 With Dominant Win Over Afghanistan

International Realted Stories

InternationalMissing crew member of downed F-15 aircraft recovered alive; no official confirmation

InternationalLibya records 63 mine victims in 2025, including 21 children: UNSMIL

International"Battle-tested generals refuse to be yes-men for TV host": Iran's Parliament Speaker slams Trump administration

InternationalEgypt raises electricity prices amid global energy crisis

InternationalUN agencies say attacks on health care in Sudan have killed more than 2,000 since 2023