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Millions in US dollars smuggled into Afghanistan from Pakistan daily

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Millions of dollars are being smuggled into Afghanistan from Pakistan every day, providing some support for the fragile economy.

Muhammad Zafar Paracha, general secretary of the Exchange Companies Association of Pakistan, told Bloomberg that traders and smugglers bring as much as $5 million across the border daily, which more than covers the as much as $17 million that Afghanistan’s central bank injects into the market each week.

The illicit cash flows show how the Islamic Emirate of Afghanistan (IEA) is evading sanctions after their 2021 takeover of the country, Bloomberg reported.

For Pakistan, however, it’s contributing to the depletion of foreign reserves and adding to the downward pressure on the rupee as the currency tumbles to record lows and the economy teeters on the edge of collapse.

“Currency is being smuggled without any doubt,” Paracha told Bloomberg. “This has become quite a lucrative business.”

“Afghanistan has about a $10 to $15 million requirement on a daily basis,” said Khurram Schehzad, chief executive officer at Alpha Beta Core Solutions Pvt Ltd., a financial consultancy in Karachi. Half of this is estimated to come from Pakistan, he said.

Da Afghanistan Bank, the country’s central bank, has enough dollars in reserve to support the economy, the bank’s spokesman Haseeb Noori told Bloomberg.

However, some of it comes from the UN, which has been providing about $40 million in humanitarian aid each week since late 2021.

This cash is transported by air to Kabul each week and much of it then needs to be converted into afghani after it arrives. So even though the aid doesn’t directly benefit the IEA, the dollars ultimately end up in the central bank’s coffers, Bloomberg reported, adding that the UN wasn’t immediately available to comment.

According to the report, the afghani has gained about 5.6% against the US dollar over the past year through Monday, one of the strongest performances of any currency in the world.

This while Pakistan’s rupee has lost about 37% against the US currency over the same period, one of the largest declines. It fell about 10% in one day in late January, the biggest drop in at least two decades, as the crisis-stricken government relaxed its grip over the exchange rate in a bid to win much-needed loans from the IMF, Bloomberg reported.

However, according to Bloomberg, the smuggling of US dollars into Afghanistan really took off in the middle of last year after Afghanistan increased coal exports to Pakistan.

In addition, it has been boosted by the IEA’s ban on the use of Pakistan’s rupee as legal tender in Afghanistan, which forces exporters to trade in dollars and bring the US currency back to the country, the officials told Bloomberg.

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Asian Football Confederation postpones 2nd-leg knockout ties in West Region

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The Asian Football Confederation (AFC) has confirmed the postponement of all second-leg knockout matches in the West Region of its club competitions, extending an earlier decision to delay first-leg fixtures amid ongoing regional instability.

The governing body announced Tuesday that the second-leg matches originally scheduled between March 9 and 11, 2026, will be postponed until further notice. The affected fixtures include the Round of 16 second legs in the AFC Champions League Elite, as well as the quarter-final second legs in the AFC Champions League Two and the AFC Challenge League involving West Region clubs.

The move follows the AFC’s March 1 decision to postpone the first-leg knockout matches in the West Region, citing safety and security concerns.

The confederation stated that the wellbeing of players, officials, supporters and commercial partners remains its top priority. The AFC also stated that updated schedules will be announced in due course.

Teams Affected

In the AFC Champions League Elite Round of 16 (West Region), the postponed second legs involve leading clubs from Saudi Arabia, Qatar, the United Arab Emirates, Iran, and Uzbekistan, including:

  • Al Hilal SFC (Saudi Arabia)
  • Al Nassr FC (Saudi Arabia)
  • Al Sadd SC (Qatar)
  • Al Duhail SC (Qatar)
  • Shabab Al Ahli (United Arab Emirates)
  • Persepolis FC (Iran)
  • Sepahan SC (Iran)
  • Navbahor Namangan (Uzbekistan)

In the AFC Champions League Two and AFC Challenge League quarter-finals (West Region), postponed ties involve clubs such as:

  • Al Kuwait SC (Kuwait)
  • Al Wehdat SC (Jordan)
  • Al Riffa SC (Bahrain)
  • Istiklol Dushanbe (Tajikistan)

(Final match pairings are subject to AFC confirmation once new dates are set.)

The AFC Champions League Elite represents the top tier of Asian club football following the competition’s restructuring, while the AFC Champions League Two serves as the second-tier tournament.

The AFC Challenge League provides continental competition opportunities for emerging football nations.

The West Region encompasses clubs from West and Central Asia, while East Region teams — including clubs from Japan, South Korea, China, Thailand, and Australia — remain unaffected.

The AFC confirmed that all East Region matches across its competitions will proceed as scheduled.

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Bayat Foundation expands Ramadan aid to Maidan Wardak families

In addition to emergency food aid, the Bayat Foundation has implemented long-term development projects across Afghanistan, including the construction of schools, health centers, and mosques, as well as drilling deep-water wells to improve access to safe drinking water in underserved communities.

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The Bayat Foundation has distributed food packages to dozens of needy  families in Maidan Wardak province as part of its ongoing nationwide Ramadan assistance campaign.

Foundation officials said the packages — which included flour, rice, and cooking oil — were delivered following a needs assessment to ensure support reached the most deserving households, including displaced and low-income families struggling to meet basic needs.

Haji Mohammad Ismail, Deputy of the Bayat Foundation, said the initiative builds on similar Ramadan efforts already carried out in provinces. “We are pleased to extend assistance today to deserving and displaced families in Maidan Wardak,” he said, emphasizing the foundation’s commitment to continuing support throughout the holy month.

Afghanistan continues to face severe economic hardship, with high unemployment and reduced income opportunities pushing many families into poverty.

Years of conflict, natural disasters, and economic instability have left millions reliant on humanitarian assistance, particularly during Ramadan, when food insecurity becomes even more acute for vulnerable households.

Aid recipients expressed gratitude for the support and urged other charitable organizations and donors to expand assistance to communities in need. “We sincerely thank the Bayat Foundation for this support,” one beneficiary said.

In addition to emergency food aid, the Bayat Foundation has implemented long-term development projects across Afghanistan, including the construction of schools, health centers, and mosques, as well as drilling deep-water wells to improve access to safe drinking water in underserved communities.

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Ronaldo’s private jet flies out of Saudi Arabia following US Embassy drone strike in Riyadh

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Football superstar Cristiano Ronaldo is thought to have left Saudi Arabia amid rising security concerns following a drone strike on the United States Embassy Riyadh on Tuesday.

Saudi authorities confirmed that two drones struck the embassy compound in the capital, causing minor structural damage and a small fire.

Officials said there were no casualties, but security measures were immediately heightened across the city. The embassy issued safety advisories to U.S. citizens, urging caution and limiting movement near diplomatic facilities.

Flight tracking data indicated that Ronaldo’s private jet departed Riyadh shortly after the incident. While it has not been officially confirmed whether the Portuguese star and his family were on board, the timing of the departure has fueled speculation that the move was prompted by escalating regional tensions.

Ronaldo, who currently plays for Al-Nassr FC, has been based in Saudi Arabia since joining the Saudi Pro League. Neither the player nor his representatives have publicly commented on the reported departure.

The embassy attack comes amid broader instability in the region, with increased drone and missile activity targeting diplomatic and strategic sites.

Saudi security forces remain on high alert as authorities investigate the source of the strike and assess the wider implications for regional stability.

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