Central Bank of Afghanistan stated that it works to ensure the stability of the local currency – Afghani, as it lost almost 12% of its value in relation to the dollar in a matter of hours on the background of the deepening economic crisis and growing inflation reports Reuters.
Refusal to foreign aid After the victory of the Taliban in August 2021, put the fragile economy of Afghanistan on the edge of the collapse, while the prices for food, fuel and other major foods continue rapid growth.
Sliced from the global financial system The banking sphere of Afghanistan, devoid of dollars, which used to be in the country, only partially functions, and the reserves of the central bank in the amount of about $ 9 billion remain blocked outside the country.
On Tuesday, December 14, the Central Bank made a statement about holding a number of meetings with representatives of commercial banks and business sectors to stop the fall of Afghan.
Attempts to get cash were difficult due to the unwillingness of the international community to provide funds to the Government of the Taliban, which is still not officially recognized as anyone.
Note that on Monday, December 13, the Afghan course, which was holding at 77 per dollar before the arrival of the Taliban, fell to 125 per dollar in the last day.