Industry owners said they cannot pay their daily operational costs because they are unable to withdraw money from banks.
A former Central Bank officer says an economic crisis will emerge if the Taliban is not granted limited access to the reserves.
After 20 years of relative economic growth and aid, once again Afghanistan’s economy is experiencing an economic downturn.
The news deals another blow to an Afghan economy that relies heavily on foreign aid…
The IMF’s announcement came amid pressure from the US Treasury, which holds a controlling share in the Fund.
The vast majority of those reserves are not currently held in Afghanistan, one of the people familiar with the matter said.
Pakistan had closed the Torkham pass on Sunday as the Afghan side came under Taliban control…
On Saturday morning, one dollar increased to nearly 100 Afs from 80 Afs last week.
Meanwhile, a number of residents in Kabul said the government is incapable of monitoring the markets.
Analysts said both sides of the war should pay attention to the protection of infrastructure.
