Three days after the US Treasury Department issued instructions for money transfers to Afghanistan through private and state-owned banks, the value of the Afghani, the Afghan national currency, has risen sharply.
One US dollar was trading below 88 afghanis today (Saturday, February 6) at Sarai Shahzadeh Bazaar, Kabul’s main currency trading center.
Following the US-led exemptions in November and December 2021, there were complications in the transfer of money to humanitarian causes in Afghanistan, which is why the US Treasury Department has issued a recent directive.
The new directive, which was published Wednesday (February 4) in the form of a series of questions and answers on the website of the US Department of the Treasury, allows private and state-owned banks to transfer money for humanitarian purposes and pay teachers and health workers. given.
The Bank of Afghanistan has welcomed the new US Treasury Department directive and called for “further co-operation”.
The guide states that, for example, if an NGO needs to sign a memorandum of understanding with Taliban or Haqqani network officials to support Afghan hospitals or health workers, they can do so within the framework of previously issued permits.
In mid-December 2021, the value of the Afghani fell freely to 130 afghanis per dollar, which led to a sharp rise in food prices in the market.
