Latest News
Afghani strengthens by 4.4% against US dollar: central bank
Officials of Afghanistan’s central bank said Wednesday the afghani (AFN) has in the past year strengthened by 4.4 percent against the US dollar.
This comes after the afghani dropped by 10.4% in the previous year.
Hidayatullah Badri, the acting head of the central bank, Da Afghanistan Bank, said during his national accountability report bank customers across the country can now withdraw up to $600 a week and $2,000 a month from their bank accounts.
“The officials of the Da Afghanistan Bank have been able to preserve the value of the Afghan currency by implementing reasonable policies. Da Afghanistan Bank has made great efforts in the banking sector to improve banking services, and is actively working for Islamic banking in the country,” Badri said.
According to the officials of the bank, the average inflation rate in the country has decreased from 12% to 6%.
“Fortunately, Da Afghanistan Bank managed well [considering] the limited access it had to currency reserves and met the market’s currency needs,” Ahmad Javad Sadad, head of the monetary policy of Da Afghanistan Bank, said.
DAB officials said that assessments of banking institutions, money exchanges and companies are ongoing with the aim of standardizing the sector.
“From now on, exchange companies will perform their activities for citizens through electronic systems and according to international standards,” Ahmed Zahir Nasirzai, head of non-banking financial institutions department said.
Officials of Da Afghanistan Bank also said that the institution is planning to continuously collect worn-out banknotes in the country and replace them with new ones. This comes as citizens have repeatedly complained about the availability of worn-out banknotes in the markets.
Latest News
Doha process private sector meeting highlights growth and coordination in Afghanistan
The session was divided into two segments, focusing on growth and inclusion in the first part, and coordination and transparency in the second.
The 3rd session of the Doha Process Private Sector Working Group was held both in-person and online at Kabul’s Grand Hotel, hosted by the United Nations Assistance Mission in Afghanistan (UNAMA).
The meeting brought together representatives from the Islamic Emirate of Afghanistan, including the Ministries of Foreign Affairs, Finance, Industry and Commerce, Economy, Labor and Social Affairs, and the Central Bank, alongside UNAMA, UN agencies, international and regional organizations, as well as ambassadors, diplomats, and private sector experts.
The session was divided into two segments, focusing on growth and inclusion in the first part, and coordination and transparency in the second.
Afghanistan’s Islamic Emirate representatives shared achievements and progress since assuming governance, while participants acknowledged these efforts and highlighted their ongoing support for the private sector. All parties offered recommendations to address challenges and emphasized enhanced cooperation moving forward.
International Sports
IPL 2026: Franchise sales gather pace as global investors circle teams
Royal Challengers Bengaluru (RCB) has been put on the market by its current owner and is estimated to be worth up to $2 billion.
Developments off the field are drawing growing attention ahead of the 2026 Indian Premier League season, with two franchises — Royal Challengers Bengaluru and Rajasthan Royals — formally up for sale and attracting interest from high-profile domestic and international investors.
Royal Challengers Bengaluru (RCB), one of the league’s most recognisable teams, has been put on the market by its current owner, Diageo’s United Spirits Ltd, following a strategic review. The sale process is expected to be completed by the end of March 2026. Market estimates suggest the franchise could be valued at around $2 billion, reflecting the soaring commercial value of the IPL.
Several bidders have been shortlisted for RCB, including investment groups led by Indian industrialists, private equity firms and overseas sports owners. Among those reported to have shown interest is a consortium linked to the Glazer family, co-owners of English Premier League club Manchester United. Non-binding bids have already been submitted, with binding offers expected in the coming weeks.
Rajasthan Royals (RR), winners of the inaugural IPL title in 2008, are also in the process of being sold. A shortlist of potential buyers has been finalised, featuring a mix of Indian and international investors, including private equity firms, entrepreneurs and media-linked groups. The franchise is expected to attract a valuation of more than $1 billion, according to market estimates.
Final bids for Rajasthan Royals are anticipated in early March, while the RCB transaction is expected to move into its final phase later this month. Any change in ownership will require approval from the Board of Control for Cricket in India (BCCI).
The potential sales mark one of the most significant ownership shake-ups in IPL history and underline the league’s growing appeal as a global sports investment as preparations continue for the 2026 season.
Latest News
FM Muttaqi meets Uzbek Central Asia Institute Chief, stresses stronger bilateral cooperation
During the meeting, the two sides discussed ways to further strengthen political and economic cooperation, as well as key regional issues.
Afghanistan’s Minister of Foreign Affairs, Amir Khan Muttaqi, has met with a delegation led by Joulan Vakhabov, head of Uzbekistan’s International Institute of Central Asia and adviser to the country’s deputy president.
During the meeting, the two sides discussed ways to further strengthen political and economic cooperation, as well as key regional issues.
Muttaqi said Uzbekistan has adopted a positive and goodwill-based policy toward Afghanistan, expressing hope that bilateral relations and cooperation would continue to expand.
He also underscored the important role of research institutions in promoting mutual understanding, enhancing cooperation, and developing a realistic assessment of regional dynamics.
For his part, Vakhabov praised the progress and stability in Afghanistan and voiced optimism that trade between the two countries would increase further in the current year.
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