Taliban bans use of foreign currencies in Afghanistan

KABUL: In a significant move affecting economic transactions across the country, the Taliban has announced a nationwide ban on the use of foreign currencies in Afghanistan. The announcement marks a shift toward reinforcing the use of the Afghan currency in domestic markets and financial dealings.

According to the Taliban, the use of foreign currencies—commonly practiced in border regions and commercial hubs—undermines the country’s economic sovereignty and stability. The decision is expected to have widespread implications for traders, businesses, and humanitarian organizations operating within Afghanistan.

Economic analysts warn that while the move may strengthen the local currency in the long run, it could also pose immediate challenges in regions heavily reliant on U.S. dollars or neighboring currencies for trade.