Afghan currency declared third strongest currency of 2023
According to a Bloomberg report, this is an unusual step for the poverty-stricken country.
Kabul: A report by Bloomberg has declared the Afghan currency as the best currency of the third quarter of 2023.
According to the report, the Afghan currency “Afghani” is the third strongest currency of 2023 so far.
Billions of dollars in humanitarian aid and growing trade with Asian countries have pushed the Afghan currency to the top of the global rankings this quarter.
According to a Bloomberg report, this is an unusual step for the poverty-stricken country.
After regaining control of Kabul in August 2021, the Taliban clamped down on currency trading.
A Bloomberg report stated that Afghans are barred from using US dollars and Pakistani rupees.
The Afghan currency banned online trading to promote the Afghani, which has strengthened the currency.
Bloomberg added that the Colombian peso and Sri Lankan rupee are better than the Afghan currency.
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