Business
DAB confirms the newly printed Afghani banknotes are still not in circulation
Da Afghanistan Bank (DAB) said on Tuesday that the new Afghani banknotes, which were printed in Poland and shipped to Afghanistan in early November, have not been put into circulation yet.
A spokesman for DAB said they are working on a mechanism to put the new banknotes into circulation, while simultaneously recalling the old notes.
“Printing and circulating banknotes is an ordinary duty of central banks. Da Afghanistan Bank also carries out the same considering reasonable monetary policies, market necessity and resources. We call on citizens to pay greater attention to the protection of the banknotes so that they will not wear out quickly,” said Hasibullah Noori, a spokesman for DAB.
Afghanistan, which is a cash-driven economy, has not had new banknotes injected into its economy in more than a year. As a result the existing banknotes, especially smaller denominations, are mostly torn, held together with sellotape and generally in very bad condition.
This has added to the frustrations of an already cash-strapped society.
“The new banknotes which have arrived at the central bank should enter circulation in order to remove people’s concerns. Banks also do not accept old notes. We suggest that old notes should be taken out of circulation,” said Mirwais Haji Zada, a local businessman.
Abdul Jabbar Safi, another businessman, said: “The new banknotes should systematically enter circulation so that the value of Afghani will not be affected.”
Business
Pakistan’s kinno exports falter as tensions with Afghanistan continue
Pakistan’s kinno exports remain far below potential as regional tensions, high freight costs and weak government support continue to choke the citrus trade.
Despite being a leading global citrus producer, Pakistan is expected to export just 400,000–450,000 tonnes of kinno in the 2025–26 season, compared with an estimated capacity of 700,000–800,000 tonnes.
Exports in 2024–25 stood at around 350,000–400,000 tonnes, mainly to Russia, the UAE, Saudi Arabia, Afghanistan, Indonesia and Central Asia. While better fruit quality this season has raised hopes, persistent crossing disruptions—especially with Afghanistan—and transport bottlenecks have offset gains.
Growers say prices have collapsed sharply, forcing panic sales. Rates for large kinno have fallen from over Rs120 per kg early in the season to as low as Rs75, while smaller fruit is selling for Rs35–40 per kg amid weak demand.
Industry leaders warn the crisis is crippling processing units and jobs. More than 100 factories reportedly failed to open this season, with dozens more shutting down as exports stall. Cold storages in Sargodha are nearly full, putting fruit worth millions of dollars at risk of spoilage, while growers fear losses of up to Rs10 billion.
Exporters are urging the government to urgently resolve issues, subsidise logistics, and help access alternative markets, warning that prolonged inaction could devastate farmers, workers and the wider economy.
Business
Pezeshkian pledges to facilitate Iran-Afghanistan trade
Iranian President Masoud Pezeshkian has said that Tehran will facilitate trade and economic exchanges with Afghanistan, including easing procedures at customs and local marketplaces.
He made the remarks during a televised interview following his visit to South Khorasan province, which shares a border with Afghanistan.
Pezeshkian, in a separate event addressing local business leaders, highlighted the province’s strategic advantages, citing its rich mineral resources, proximity to neighboring countries such as Afghanistan and Pakistan, and access to the ocean via the Chabahar port. He described the region as “a golden opportunity not found everywhere,” emphasizing its potential for economic growth and cross-border commerce.
Business
Afghanistan-Kazakhstan banking ties discussed in Kabul meeting
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