Table of Contents
Why Afghan Currency is strong
Some reasons for the strengthening of Afghanistan’s currency:
After the rise of the Islamic Emirate of Afghanistan and the Afghan Taliban in 2021, the current Afghan government has made a few terms.
1: It banned foreign currencies throughout Afghanistan that Afghan citizens used daily, including the Pakistani rupee and Iranian toman.
2: The current Afghan government has a one-state, one-policy, which is not due to any pressure or obstruction of the political opposition.
3: Strictness and transparency in customs duties, i.e., the tax collection system has been tightened.
4: Control over inflation.
5: Not printing more notes.
6: Lack of Afghan currency in the market.
7: Foreign aid is also included, which is not from USAID and the United Nations to the Afghan government, but to NGOs in Afghanistan, which then convert into Afghan currency.
8: The current Afghan government is extracting Afghanistan’s natural resources, the biggest buyers of which are China and Russia, which are paid in dollars.
9: Afghanistan’s own Made in Afghanistan products are exported to foreign countries, which gives strength to the Afghan economy.
10: Refugees and traders living outside Afghanistan also send foreign exchange to Afghanistan.
11: The Afghan currency is strong due to the lack of corruption and corruption in Afghanistan, where corruption, i.e., black money, is being used in Afghanistan instead of going abroad.
12: Prevention of dollar smuggling.
Why is Afghani stronger than Pak rupee and Iranian toman? – BBC URDU
Credit: BBC News اردو
