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


  • World
  • Wednesday, 29 Sep 2021

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.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

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

Next In World

U.S. stocks close higher
Russia aims to become one of world's leading energy players: official
Crude futures settle lower
U.S. dollar ticks down
4 "terrorists" killed in security operation in W. Tunisia
US names new top envoy for Venezuela after Maduro capture
Tunisia sentences two prominent journalists to three and a half years in prison, state news says
UN-backed force in Haiti to deploy fully by summer amid political turmoil
Poland's average enterprise wages up 8.6 pct in December as inflation eases
Finnish president Stubb says Trump is putting pressure on Russia

Others Also Read