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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.
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Pakistan summons Afghan diplomat over deadly attack in North Waziristan
Pakistan on Friday summoned Afghan Deputy Head of Mission in Islamabad to convey “strong demarche” over a deadly attack on a military camp in North Waziristan District that killed four Pakistani soldiers.
In a statement, Pakistan’s Ministry of Foreign Affairs said the attack was carried out by a faction of Tehreek-i-Taliban Pakistan (TTP).
The statement said that Pakistan conveyed “grave concern over the continued support and facilitation” provided by the Islamic Emirate to TTP.
Pakistan has demanded “a full investigation and decisive action against the perpetrators and facilitators of the terrorist attacks launched against Pakistan from Afghan soil.”
It urged the Islamic Emirate “to take immediate, concrete and verifiable measures against all terror groups operating from its territory, including their leadership, and deny the continued use of Afghan soil for terrorism against Pakistan.
According to the statement, the Islamic Emirate has been “categorically informed that Pakistan reserves the right to defend its sovereignty and protect its citizens, and will take all necessary measures to respond to terrorism originating from Afghan soil.”
Pakistani officials have repeatedly claimed that attacks in the country are originated from Afghan soil, a charge the Islamic Emirate denies.
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Uzbek president stresses Afghanistan’s role in regional economic projects
President of Uzbekistan Shavkat Mirziyoyev has underscored Afghanistan’s continued importance in regional cooperation, saying the country remains one of the key areas of interaction among regional partners.
Addressing the first summit of the “Central Asia Plus Japan” dialogue, Mirziyoyev said participating countries share a common aspiration to see Afghanistan become peaceful, stable, and oriented toward meaningful development.
The Uzbek president praised Japan’s longstanding and consistent support for Afghanistan, noting that Tokyo has for many years been among the leading donors and partners assisting the Afghan people.
He expressed confidence that coordinated efforts and joint contributions by regional countries and Japan would help improve living standards in Afghanistan, advance socio-economic and infrastructure development, and facilitate the country’s active involvement in regional economic projects.
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Japan allocates nearly $20 million in humanitarian aid for Afghanistan
The Embassy of Japan in Afghanistan announced on Friday that the country has allocated $19.5 million in humanitarian assistance to Afghanistan.
In a statement, the Japanese Embassy said it hopes the aid will help bring positive change to the lives of vulnerable Afghans.
According to the statement, the assistance will cover the basic humanitarian needs of vulnerable communities in Afghanistan.
The embassy added that the aid will be delivered through United Nations agencies, international organizations, and Japanese non-governmental organizations operating in Afghanistan.
Japan’s total assistance to Afghanistan since August 2021 has reached more than $549 million.
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