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DAB has collected over 7 billion Afghanis in worn-out banknotes over past year
Da Afghanistan Bank (DAB) says it has collected over 7 billion Afghanis worth of worn-out banknotes over the past year from markets across the country.
DAB officials have urged citizens to exercise greater care in handling the Afghan currency during daily transactions. They emphasized that the protection of banknotes is essential for preserving the value and usability of the national currency.
The bank has committed to further enhancing this process by continuing to collect old banknotes and injecting new, high-quality Afghanis into circulation.
“Da Afghanistan Bank is dedicated to ensuring the convenience of citizens in all financial and banking matters. The collection of worn-out banknotes from the markets is an ongoing process, and over the past year, we have successfully gathered more than 7 billion Afghanis in worn-out currency,” said Hasibullah Noori, DAB spokesperson.
In some provinces, residents have reported facing difficulties in their daily transactions due to the prevalence of worn-out money, which has led to concerns over the circulation of damaged or unusable currency.
The Sarai Shahzada Money Exchange Dealers Association acknowledged the efforts of the central bank in collecting the majority of worn-out banknotes from the money market and replacing them with newly issued currency.
DAB officials reiterated that the process of collecting and replacing worn-out currency will continue, and urged the public to take greater care in protecting the physical integrity of Afghan banknotes
It is worth mentioning that the initiative is part of the bank’s ongoing efforts to maintain the integrity and stability of the Afghan currency.
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Kazakhstan’s Foreign Minister Mukhtar Tileuberdi has called for pragmatic and coordinated international engagement with Afghanistan, saying the country’s long-term stability is closely linked to the security and sustainable development of Central Asia.
Speaking during the general debate of the 81st session of the United Nations General Assembly in New York on Friday, Tileuberdi said humanitarian assistance to Afghanistan remains essential but alone cannot break the cycle of poverty, displacement and dependency.
He said Kazakhstan supports a “pragmatic, coordinated and step-by-step” approach to international engagement with Afghanistan, with the United Nations playing a central role.
Tileuberdi also said Kazakhstan is working with the UN to operationalize the United Nations Regional Centre for the Sustainable Development Goals for Central Asia and Afghanistan in Almaty.
He said the success of the centre should be measured by the results and assistance it delivers to the region.
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