Afghanistan

Afghan governor warns of food shortages

Abdul Qadeer Fitrat, the governor of the Bank of Afghanistan, has said that Kabul will have to buy significant quantities of food to avoid shortages throughout the war-torn country.

Afghanistan's Delawari notes success on inflation

In an interview with Afghan state-run newspaper Anis, published Thursday 26 October, the acting president of Afghanistan's central bank said the central bank has been successful in keeping the value of afghani stable against foreign currencies and in…

Afghan bank takes a gamble on success

According to this article published Wednesday 13 September on The Age's website, banking in Afghanistan is in a colourful class of its own, where entering the central bank on the wrong day can mean risking your life.

Afghan bank keeps currency strong with dollars

Afghanistan's central bank, Da Afghanistan Bank, supplies 10 million U.S. dollars each week to bazaar in order to keep the value of the Afghani currency strong, the president of the bank said Sunday 7 May.

Interview with Afghanistan's Delawari

According to an interview with Central Bank of Afghanistan governor Noorullah Delawari, published Saturday 1 April, security risks in the country are a major obstacle to investment outside of aid plans.

Statement by IMF's Rato on earthquake disaster

Rodrigo de Rato, Managing Director of the International Monetary Fund (IMF), made a statement on Saturday 8 October in Washington, D.C. regarding the earthquake affecting Pakistan, north India and Afghanistan.

Da Afghanistan Bank appoints first deputy governor

At the proposal of the governor of Da Afghanistan Bank, the central bank, and following the approval by the president Hamed Karzai, Sameollah Ebrahimi has been appointed first deputy governor of the central bank, the BBC Monitoring Service reported…

Pakistan plans to open ATM service in Afghanistan

Afghanistan's banking sector will move over the next few weeks from comprising just six rundown specialist banks to one where several international commercial operations compete for business, according to Afghanistan's central bank chief.

Central bank declares Afghani sole legal tender

From Tuesday October 8, Afghanistan will no longer accept the US dollar and other foreign currencies as legal tender, according to VOA News. Central Bank Governor Anwar ul-Haq Ahady said that new stability has allowed him to make the move, at last, to an…

Afghan central bank chief on foreign currency use

Speaking at a news conference, the president of the central bank of Afghanistan, Dr Anwar al-Haq Ahadi, said that after 7 October any kind of sale and purchase of goods throughout the country should be done with the Afghan currency, according to a report…

Afghanistan Central Bank licenses foreign banks

The central bank of Afghanistan, 'DaAfghanistan bank, on Thursday 18 September issued three commercial banking licences to three foreign banks and allowed them to operate in the war-ravaged country, according to Chinaview.

Afghan treasure hunt

Anwar-ul-Haq Ahady, the central bank governor in Afghanistan, has been on a treasure hunt - and was not disappointed. Together with the country's president, finance minister and justice minister, he descended into the subterranean expanse that lies…

Afghanistan displays forgotten gold reserves

Afghan president Hamid Karzai accompanied central bank governor Anwar ul-Haq Ahady and other dignitaries on Friday 29 August as they witnessed the opening of a vault under Afghanistan's presidential palace containing the countries gold reserves,…

IMF team reviewing Afghanistan's economy

An IMF team is visiting Afghanistan for the first time in more than ten years, a Reuters report said. The IMF review is aimed at assessing the performance of Afghanistan's economy rather than preparing the ground for new loans.

Afghan central bank to restrict capital outflows

Anwar Ahady, president of Afghanistan's central bank said Wednesday the Bank will impose a limit of the equivalent of 10,000 US dollars that any individual and organization can take out of the country, Xinhua News Agency said.

Afghanistan urges Pakistan to help stop fake notes

The governor of Afghanistan's central bank has called on Pakistan's authorities to halt the production of counterfeit Afghan banknotes being printed in the frontier areas of that country, according to a report from the Voice of the Islamic Republic of…

Pakistan pledges to train Afghan bankers

The head of the central bank of Afghanistan Anwar Ahadi arrived in Pakistan on Sunday on a mission to boost economic cooperation between the two countries, according to a report by the Voice of the Islamic Republic of Iran.

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