Afghanistan receives $32 million in humanitarian cash assistance

Afghanistan received a consignment of $32 million in humanitarian cash aid as the international community continued to provide humanitarian aid to the post-war country, according to the country’s central bank.

Da Afghanistan Bank (DAB) said on Twitter on Sunday that “following a round of humanitarian aid to Afghanistan, $32 million in cash arrived in Afghanistan on Sunday, April 17.”

The DAB also announced the auction of $13 million on Monday to inject foreign currency into the local market and stabilize the afghani, the country’s national currency, Xinhua news agency reported.

The DAB has continually tried to keep the value of the Afghani at a fixed and desirable level against the foreign currency, he said.

Since the Taliban’s takeover of Afghanistan in mid-August 2021, the United States has reportedly frozen more than $9 billion in Afghan central bank assets and thereby undermined the conflict-torn country’s banking system. the war.

(Only the title and image of this report may have been edited by Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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