Thousands of money exchangers shut shop across Afghanistan on Sunday after Taliban authorities imposed a steep hike in license fees, the brokers’ commission said, in a bid to slow down money laundering and terrorism financing according to financial analysts. Afghanistan’s formal banking system collapsed when the Taliban swept back to power in August last year, ending two
The value of Afghanistan’s currency is tumbling, exacerbating an already severe economic crisis and deepening poverty in a country where more than half the population already doesn’t have enough to eat. The afghani lost more than 11% of its value against the U.S. dollar in the space of a day earlier this week, before recouping…
The value of Afghanistan's currency is tumbling, exacerbating an already severe economic crisis and deepening poverty in a country where more than half the population already doesn't have enough to eat.
The value of Afghanistan's currency is tumbling, exacerbating an already severe economic crisis and deepening poverty in a country where more than half the population already doesn't have enough to eat.
HERAT, Afghanistan The value of Afghanistan’s currency is tumbling, exacerbating an already severe economic crisis and deepening poverty in a country where more than half the population already doesn’t have enough to eat. The afghani lost more than 11 percent of its value against the US dollar in the space of…