Afghanistan Central Bank
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Afghanistan
Central Bank Lifts Restrictions on Bank Guarantees Linked to Former Government Projects
DID Press: Central bank of Afghanistan has announced the removal of restrictions previously imposed on bank guarantees related to projects and contracts from the former Afghan government period. According to the central bank, the move was made to support economic…
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Afghanistan
Afghanistan Central Bank Announces Major Banking Reform
DID Press: An official from Afghanistan’s central bank announced the complete suspension of interest-based operations across all commercial banks in the country. Latifullah Khairkhwah, Head of Banking and Financial Services Supervision at the Central Bank of Afghanistan, stated that all…
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Afghanistan
Afghanistan Central Bank Destroys Over AFG 588M Worn Banknotes
DID Press: Afghanistan Central Bank announced it has destroyed more than 588 million Afghanis in worn and damaged banknotes in Kabul’s Deh Sabz district after collecting them from circulation. The bank confirmed that 588.14 million Afghanis in old notes were…
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Afghanistan
Afghani Strengthens against Foreign Currencies
DID Press: Afghanistan Central Bank announced a 21% increase in the value of Afghani against US Dollar over the past four years. In a press briefing, Hasibullah Noori, spokesperson for the Central Bank, said that “through the implementation of targeted…
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