Afghanistan, Economic, Politics, Social updated: December 23, 2023

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International Aid Bolsters Afghanistan’s Currency Amid Taliban Rule, Bloomberg Reports

د افغانستان بانک 550x295 - International Aid Bolsters Afghanistan's Currency Amid Taliban Rule, Bloomberg Reports

Bloomberg’s recent coverage highlights the significant impact of international humanitarian aid on Afghanistan’s currency stability, particularly concerning the US dollar.

In an unprecedented development for a nation grappling with severe human rights issues, Bloomberg underscores that the Afghan currency, the Afghani, has seen a notable rise in value against foreign currencies during the Taliban’s governance.

The report attributes this stability to the substantial influx of billions of dollars in humanitarian aid from the international community. Furthermore, it notes that increased trade with neighboring countries has contributed to maintaining the Afghani’s resilience.

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