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Afghan delegation led by deputy PM leaves for Uzbekistan
An Afghan delegation led by Abdul Salam Hanafi, the acting deputy prime minister, left for Uzbekistan on Saturday morning, said Zabihullah Mujahid, spokesman for the Islamic Emirate of Afghanistan (IEA).
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Doha Talks: Islamic Emirate Insists on Release of Assets
Delegations from the United States and the Islamic Emirate held two-day talks in Doha and discussed a range of issues, the Ministry of Foreign Affairs said.
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Taliban restricts bank withdrawal to $200 per week
The central bank of Afghanistan-De Afghanistan Bank- in an official directive directed all private and international banks to limit bank withdrawal to their individual customers to $200 which equals AFS2000 per week.
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Pakistan receives $3 billion loan from Saudi Arabia
Pakistan on Saturday received a $3 billion loan from Saudi Arabia, the prime minister’s finance adviser said, as part of an economic support package.
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World Bank board backs using $1 billion in frozen Afghan funds for aid
The executive board of the World Bank on Tuesday approved a plan to use more than $1 billion from a frozen Afghanistan trust fund to finance urgently needed education, agriculture, health and family programs, the bank announced.
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IEA acting FM arrives in Islamabad for talks
The Islamic Emirate of Afghanistan [IEA]-appointed acting foreign minister, Amir Khan Muttaqi, began a three-day visit to Pakistan’s capital on Wednesday (November 10) to discuss trade and other ties as the IEA administration seeks global recognition and unfreezing of financial assets to prevent an economic crisis.
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Afghanistan central bank drained dollars before Taliban takeover: World bank
An assessment prepared for Afghanistan’s international donors indicates that the central bank of Afghanistan-De Afghanistan bank- drained $1.5 billion before the Afghan capital collapse to the Taliban.
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Biden’s decision on Afghan assets unjust’: Amnesty Int’l
In a statement by the organization Amnesty International says the U.S. decision to divert half of Afghanistan’s money to victims of 9/11 attacks was “unjust” and a “mistake” and called on U.S. administration to reverse it.
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IEA won’t be allowed access to Afghan central bank reserves: US
Deputy U.S. Treasury Secretary Wally Adeyemo on Tuesday said he sees no situation where the Islamic Emirate of Afghanistan (IEA) who regained power in Afghanistan in August, would be allowed access to Afghan central bank reserves, which are largely held in the United States.
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Taliban warn US against ‘destabilizing’ Afghan government
The Taliban have warned the United States against destabilizing the government in Afghanistan, as the two sides held their first face-to-face meeting since the withdrawal of foreign forces from the country.
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Price of Goods Rise, Value of Afghani Falls
A number of Kabul residents have complained about the rise in prices of goods in Kabul’s markets as the value of the Afghani has fallen against the dollar in recent days.
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UN Chief Seeks Int'l Community's Support to Save Afghan Economy
The international community must find ways to inject cash directly into Afghanistan’s economy to avert its total collapse as a growing humanitarian crisis impacts half the population, UN Secretary General Antonio Guterres said on Monday.
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SBP declines opening Afghanistan Relief Fund
Pakistan’s central bank has declined a request from the federal government for opening the Afghanistan Relief Fund, says a media report.
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UN Report: Afghanistan Faces Major Bank Crisis
Afghan economists and money exchangers warned of an imminent shortage of available currency in Afghanistan as the country is struggling with a severe economic crisis following the fall of the Western-backed government of President Ashraf Ghani.
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Trucks with humanitarian aid arrive in Afghanistan as millions risk starvation
Trucks carrying humanitarian aid arrived on Saturday in Afghanistan, where poverty and hunger have spiralled following the cutting off of international aid, and the freezing of foreign assets.
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The Depreciating Afghani- Causes and Corrective Measures
The value of afghani has decreased considerably since August 15 and hit an all-time low of 124. Although the home currency has strengthened and is wavering around 91-92, catching the decrease in the afghani's value will be the prime responsibility of the responding authority, to claim international reputation.
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Islamic countries pledge fund to stave off Afghanistan ‘chaos’
Islamic countries pledged on Sunday to set up a humanitarian trust fund for Afghanistan as, with millions facing hunger and a harsh winter setting in, Pakistan’s prime minister warned of chaos if the worsening emergency was not urgently addressed.
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US to increase pressure on IEA if decisions on women, girls are not reversed
The United States will take steps to increase pressure on the Islamic Emirate of Afghanistan’s (IEA) government to reverse some of its recent decisions restricting the rights of women and girls if it shows no sign of rescinding the actions on its own.
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Sanctions on Afghanistan only affect common people: Suhail Shaheen
Taliban’s UN-designate Suhail Shaheen in a Twitter post said that continuing sanctions on Afghanistan are only impacting the common people of the country.
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Central Bank Plan to Offer Home Loans to Govt Employees
Afghanistan's central bank, Da Afghanistan Bank (DAB), on Tuesday announced a plan to grant home loans to government employees through commercial banks.
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Turkish Lira Caps Historic Week with Big Lift from Erdogan Govt
Reuters - Turkey's lira closed out its strongest week on record on Friday, spiking more than 50% with the support of billions of dollars of state-backed market interventions and a promise that the government would cover FX losses on certain deposits.
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China again chides US over freezing of Afghan reserves
China has again lashed out at the United States for freezing and misappropriating the Afghan central bank’s assets.
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Taliban and 9/11 Families Fight for Billions in Frozen Afghan Funds
The White House must figure out what to do with the Afghan central bank’s account at the Federal Reserve, now blocked under U.S. law.
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Will President Biden’s Executive Order Solve the Core Challenges?
President Biden signed an executive order, blocking half the central bank of Afghanistan’s reserves held with the Federal Reserve Bank in New York in favor of the 9/11 victims and releasing the other half for humanitarian aid to the people of Afghanistan. Will this solve the challenges faced by Afghanistan at this juncture?
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Businesses resume normal operations in Kabul amid lingering uncertainty, disruptions
Businesses have resumed normal operations in Kabul despite the lingering uncertainties and disruptions brought by economic and humanitarian crises.
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With Kabul airport closed, fearful Afghans rush for the border
Crowds looking to flee Afghanistan flocked to its borders while long queues formed at banks on Wednesday, as an administrativevacuum after the Taliban's takeover left foreign donors unsure of how to respond to a looming humanitarian crisis.
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The Sharp Fall, One Dollar Equals 109 Afghanis
The value of the dollar has risen to unprecedented levels since the fall of Kabul, and this is the first time a dollar has been exchanged for 109 afghanis.
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To Solve Economic Crisis, Frozen Assets Must be Released, Says Taliban Foreign Minister
Antonio Vitorino has given assurance to Amir Khan Muttaqi that the organization commits to cooperate families in need like shelter, clothes, and basic needs by approaching the winter season.
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ATM services to resume, says central bank
Automated teller machine (ATM) services will be reactivated in the country, says Da Afghanistan Bank.
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USD Account Holders Could Withdraw $400 in a Week
The central bank said that the step has been taken in order to facilitate the withdrawal process of customers and to evolve the problems of people.