KABUL( AFP)-Afghanistan's Taliban government announced a ban on the use of foreign currencies on

PESHAWAR: Peshawar’s currency market has seen the Afghan currency tumble against Pakistani rupee

, but then bought at 113 afghanis to the dollar as the currency began to slide and he worried it might

Afghanistan's currency reserves are mostly held in foreign accounts and are probably inaccessible

That could spur a pickup in consumer-price increases by making imports more expensive, he said. With the vast majority of the central bank’s more than$ 9 billion in assets frozen by the U.S., Afghanistan faces a potential economic crisis, Ahmady said.... That comes on top of Covid-19, a regional drought and displaced people that was already creating hardship.“ It’s a really challenging situation, ” Ahmady said by phone from an undisclosed location where he fled as the government fell.... “ But

, sending inflation soaring and undermining the weak national currency, the afghani. Electricity

Today’s currencies of power are not territory or mineral resources, including oil and gas, but the

of dollars to Afghanistan has had a devastating impact on its economy and currency, calling upon the

It also does not permit payments related to luxury items or services. The Afghan central bank

strongest currency in the world. The stability and strength of the Kuwaiti dinar compared to other