After the Taliban took over Afghanistan, the Afghan currency fell to record lows and the central bank governor left the country

2021-10-27 22:18:26

According to Bloomberg news on August 17, after the Taliban took over Afghanistan, the Afghan currency fell to record lows. It is reported that the governor of the Central Bank of Afghanistan has left the country. Data compiled by Bloomberg showed Afghani falling 1.7 percent on Tuesday to $83.5013, the fourth straight day of decline.

Ajimal Ahmadi, governor of the Central Bank of Afghanistan, wrote on Twitter on the 16th that it was not until last Thursday that the central bank stabilized the volatility of the currency. But on Friday, the central bank was told it would no longer have dollar shipments, and by Saturday, the central bank had to reduce its money supply to the market, which led to more panic.

Ahmadi wrote, "The exchange rate rose from a steady 81 to nearly 100, and then fell back to 86. "I had a meeting on Saturday to reassure banks and money changers and calm them down." He also said he had left the country.

Tully

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After the Taliban took over Afghanistan, the Afghan currency fell to record lows and the central bank governor left the country

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