KABUL, Sept 4 (NNN-ANA) – The main money exchange market in Kabul, capital of Afghanistan, reopened today, 10 days after Taliban takeover, as a banking crisis still exists in the country, a local source said.
“Sarai Shahzada private exchange market, reopened today, after Da Afghanistan Bank, or central bank on Thursday announced that the market would start operation soon,” a money exchange dealer, Najibullah, said.
The foreign currency exchange rates are still in fluctuation, as the rates are not stable and change frequently during the day, he said.
“One U.S. dollar was traded between 87 and 89 afghani, Afghanistan’s currency, after reopening of the market this morning. Before Taliban takeover 10 days ago, one dollar was equal to 79 afghani,” Najibullah said.
The nearby business hub, Kabul’s Mandawi, also opened, however, business and daily working are not good, as the central part of Kabul hasn’t returned to normal with crowds remaining. There are few customers at the business centre, he said.
“There is a huge banking crisis in the country now. Long lines of people stand outside main branches of government-run and private banks around the city every day. The branches of the banks do not open, so far. People cannot withdraw their money, they only get 200 U.S. dollars or 20,000 afghani on weekly basis, as ordered by the central bank,” he said.
The private Western Union and Money Gram, two money transfer service agencies, also resumed their operations in most of Afghanistan’s 34 provinces yesterday and people can now get money from abroad, according to local media reports.– NNN-ANA
