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Afghan central bank drained dollar stockpile before Kabul fell: Document

Afghan central bank drained dollar stockpile before Kabul fell: Document

India Today
Wednesday, September 29, 2021 05:43:27 PM UTC

According to an assessment prepared for Afghanistan's international donors, the Afghan central bank ran down most of its US dollar cash reserves in the weeks before the Taliban took control of the country.

The Afghan central bank ran down most of its US dollar cash reserves in the weeks before the Taliban took control of the country, according to an assessment prepared for Afghanistan's international donors, exacerbating the current economic crisis.

The confidential, two-page brief, written early this month by senior international economic officials for institutions including the World Bank and International Monetary Fund, said the country's severe cash shortage began before the Taliban took control of Kabul.

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