Supervisor Elham AbolFateh
Editor in Chief Mohamed Wadie

Afghanistan Central Bank Affirms Safety of Reserves


Wed 18 Aug 2021 | 03:45 PM
Ahmed Moamar

An official of the Afghanistan Central Bank affirmed today, Wednesday, that most of the foreign currencies supporting the Afghani national currency were kept in accounts in foreign countries.

The official revealed that those accounts did not expose to any danger since the seizing of Kabul, the capital city of Afghanistan,  by the insurgents of the Taliban last Sunday, according to Russia Today, a Russian news website.

The acting -governor of Afghanistan Central Bank, said that the bank, has nine billion dollars, seven billion of them kept in a mix of currencies, Golden Treasury bonds, and other securities kept in the US Federal Reserve Bank, adding that Afghanistan reserves did not face any threats at all and the Office of Monitoring Foreign Assets won’t enable any entity to reach these reserves.

It is worth noting the US Defense Department said that the Taliban provided a safe haven to Al-Qaeda organization during the period from April to the end of June this year.

The Pentagon said over its quarterly report to Congress that the ISIS group attacked the infrastructure in Afghanistan throughout the last months to crush the credibility of the Afghani government and show it was unable to ensure security in the country.

Earlier this week, Suhail Shaheen, a spokesman for the Taliban, affirmed that the movement won’t permit Al-Qaeda and any other terrorist group to work in Afghanistan.

On Monday, John Kirby, a spokesman for the Pentagon told the Politico” a US news website, that  Lloyd Austin, Secretary of Defense, that he will evaluate possibilities of regrouping of the terrorist organizations again in Afghanistan after seizing power in that countries by the Taliban.