Taliban govt bans foreign currencies to keep Afghanistan economy afloat

Taliban has banned the use of foreign currencies in Afghanistan, a move that could weigh on an economy struggling with a cash crunch.

The Taliban government has banned the use of foreign currencies in Afghanistan in a surprise move that could weigh on an economy struggling with a cash crunch and further isolate the country.

The move came as the Taliban were pushing for the release of billions of dollars of reserves overseas, which was frozen by the U.S. and its Western allies since the group swept into the power in August. Without these reserves, Afghanistan has been effectively shut out of the international financial system.

The militant group has ordered the public, including shopkeepers to businessmen, to conduct all trade in afghani currency for