Latest News
AFN 2.5 billion in worn banknotes removed from circulation over past year
Da Afghanistan Bank (central bank) says it has collected and destroyed worn-out banknotes worth around AFN 2.5 billion over the past year as part of efforts to maintain the quality of currency in circulation.
Hasibullah Noori, spokesperson for Da Afghanistan Bank, said citizens can exchange worn banknotes for new ones by visiting the central bank or commercial banks.
The move comes as some citizens and money changers report an increase in worn banknotes in the market. They say such notes are often difficult to use in daily transactions, with some people refusing to accept them.
Money changers say the situation has created difficulties in routine transactions and called for more worn banknotes to be removed from circulation.
Da Afghanistan Bank has urged citizens to take better care of Afghan currency to prevent banknotes from becoming worn before the end of their expected lifespan. The bank says premature replacement and printing of banknotes imposes additional costs.
Bank officials said new banknotes are being injected into circulation based on monetary policy and market demand.
Latest News
IEA ambassador: Daesh leadership and centers ‘completely’ eliminated in Afghanistan
Gul Hassan Hassan, the Islamic Emirate of Afghanistan’s (IEA) ambassador to Russia, said on Friday that the group’s leadership and centers had been completely eliminated from Afghan territory.
He made the remarks during a joint security conference in Moscow involving the Collective Security Treaty Organization (CSTO), the Commonwealth of Independent States (CIS) and the Shanghai Cooperation Organization (SCO), which focused on security issues in Central Asia and Afghanistan.
Hassan stressed that the IEA would not allow anyone to use Afghan territory against other countries.
He also said the IEA had made significant progress in strengthening security, combating narcotics and boosting the country’s economy over the past five-plus years.
Latest News
CSTO chief says IEA has become long-term political actor in Afghanistan
Masadykov said CSTO member states have stepped up bilateral engagement with the IEA authorities in Kabul to promote economic development.
Talatbek Masadykov, secretary-general of the Collective Security Treaty Organization (CSTO), has said the Islamic Emirate of Afghanistan (IEA) has become a long-term political actor in the country, noting that most CSTO member states have intensified contacts with IEA officials.
Masadykov said CSTO member states have stepped up bilateral engagement with the IEA authorities in Kabul to promote economic development, strengthen social stability and reduce security risks originating from Afghanistan.
He stressed that Afghanistan urgently needs peace, stability and economic development, adding that addressing poverty, drug trafficking, terrorist activities, armed conflicts and other security threats requires pragmatic, coordinated and gradual international engagement with the country.
The CSTO secretary-general also highlighted the importance of closer coordination among the CSTO, the Commonwealth of Independent States (CIS) and the Shanghai Cooperation Organization (SCO) in supporting peace and stability in Afghanistan.
Masadykov made the remarks during a joint meeting of representatives from the three organizations focused on security in Central Asia and Afghanistan.
Latest News
Lavrov warns of western-backed ‘color revolutions,’ raises concerns over Afghanistan’s regional security
He also warned that radical groups were seeking to use Afghanistan as a launching pad to expand threats towards Central Asia and Russia.
Russian Foreign Minister Sergey Lavrov has warned that any country, including Russia’s partners in Central Asia, could become a target of what he described as Western-orchestrated “color revolutions,” while raising concerns about security threats emerging from Afghanistan.
According to Russia’s TASS news agency, Lavrov made the remarks on Friday, October 16, during a conference on security in Central Asia and Afghanistan in Moscow, attended by representatives of the Collective Security Treaty Organization (CSTO), the Commonwealth of Independent States (CIS) and the Shanghai Cooperation Organization (SCO).
Lavrov said attempts to initiate such movements in several neighbouring countries had already been thwarted.
Lavrov Raises Concerns Over Afghanistan’s Security Legacy
Referring to the two decades of US and NATO military presence in Afghanistan, Lavrov said the consequences of what he described as an unsuccessful occupation would take a long time to overcome.
He also warned that radical groups were seeking to use Afghanistan as a launching pad to expand threats towards Central Asia and Russia.
This comes as the Islamic Emirate of Afghanistan has repeatedly stated that Afghan territory will not be used against any neighboring country, and that no armed group will be permitted to operate.
The meeting was held with the participation of representatives from the Collective Security Treaty Organization, the Commonwealth of Independent States, and the Shanghai Cooperation Organization.
-
Sport3 days agoAfghan futsal coach: Brazil tournament is first step towards new goals and World Cup
-
Latest News3 days agoAfghan official says Durand Line crossings to remain closed until Islamabad accepts demands
-
Regional5 days agoPakistan deploys military to Peshawar after emergency rule declared
-
Business5 days agoAfghanistan, US business leaders discuss trade and investment opportunities
-
Sport5 days agoAfghanistan U19 begin Asia Cup Preparations with Oman tour
-
Latest News5 days agoMujahid accuses Pakistani military circles of sabotaging talks with Afghanistan
-
Latest News2 days agoIndia, Russia hold security talks on Afghanistan and Pakistan amid regional tensions
-
Latest News5 days agoAfghanistan calls for faster completion of CASA-1000 power project
