April 18, 2022
1 min read

$32 mn humanitarian cash aid reaches Afghanistan

The DAB has been continuously trying to maintain the value of afghani at a fixed and desirable level against the foreign currency, it said…reports Asian Lite News

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

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

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

The DAB has been continuously trying to maintain the value of afghani at a fixed and desirable level against the foreign currency, it said.

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

ALSO READ-$32mn humanitarian cash aid reaches Afghanistan

Previous Story

Shehbaz Sharif writes to PM Modi, seeks peaceful ties

Next Story

Global Covid caseload tops 504.5 mn

Previous Story

Shehbaz Sharif writes to PM Modi, seeks peaceful ties

Next Story

Global Covid caseload tops 504.5 mn

Latest from -Top News

World Leaders Head to Manila for ASEAN Summit

The Philippines will host the 49th ASEAN Summit and Related Summits from 15 to 17 November, bringing regional leaders and global partners to Manila…reports Asian Lite News Desk The Philippines is preparing

China’s BRI Dream Hits A South Asian Wall

China’s ambitious Belt and Road Initiative is facing fresh hurdles across South Asia, with financial pressures, political shifts and security concerns threatening major infrastructure projects…reports Asian Lite News Desk China’s ambitious Belt

Bombs, Burning Buses: Bangladesh Violence Escalates

The latest violence has spread across several districts, prompting authorities to strengthen security and intensify investigations….reports Asian Lite News Desk Bangladesh has witnessed a fresh wave of violence, with more than 100
Go toTop