Exclusive-Afghan central bank drained dollar stockpile before Kabul fell - document


FILE PHOTO: Men are pictured as Afghanistan's Taliban-controlled central bank seizes a large amount of money in cash and gold from former top government officials, including former vice president Amrullah Saleh, in Afghanistan, in this handout obtained by Reuters on September 15, 2021. Da Afghanistan Bank/Handout via REUTERS

FRANKFURT/MUMBAI (Reuters) - The Afghan central bank ran down most of its U.S. dollar cash reserves in the weeks before the Taliban took control of the country, according to an assessment prepared for Afghanistan's international donors, exacerbating the current economic crisis.

The confidential, two-page brief, written in early September by senior international economic officials, said the country's severe cash shortage began before the Taliban took control of Kabul.

Play, subscribe and stand a chance to win prizes worth over RM39,000! T&C applies.

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In World

US soldier's wife freed from ICE detention as deportation attempt continues
Flash: Iran says it has forced U.S. to accept its 10-point plan -- statement
U.S. stocks end mixed ahead of Trump's Iran deadline
Trump says he has agreed to two-week ceasefire with Iran
Trump says he has agreed to suspend 'bombing and attack of Iran' for two weeks
South Africa receives 1st shipment of HIV prevention medicine Lenacapavir
US disrupts Russian military-run DNS hijacking network, Justice Department says
Cyprus sees sharp decline in air passenger traffic amid Mideast tensions
Macron calls for defending multilateralism in global health
ICE says it shot man who tried to ram officers with car

Others Also Read