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TopicCentral bank of Afghanistan moved its money out of the country ahead of takeover
Dmess85
08/17/21 9:39:06 PM
#1:


https://www.wsj.com/articles/u-s-halted-dollar-shipments-to-afghanistan-to-keep-cash-out-of-talibans-hands-11629233621

The central bank has an estimated $9 billion in reserves, nearly all of which are held outside the country. as of now.

The U.S. is also blocking Taliban access to government accounts managed by the Federal Reserve and other U.S. banks and working to prevent the groups access to nearly half-billion dollars-worth of reserves at the International Monetary Fund, according to those people.

"With the U.S. move to block access to those reserves, the amount accessible to the Taliban is almost 0.1%, Mr. Ahmady said Tuesday."

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