Taliban’s Central Bank Announces Printing of Over 3 Billion Afghani Currency Last year
Ahmad Jawad Sadad, Director of Monetary Policy of the Taliban-controlled Central Bank announced that last year about 3.148 billion Afghani banknotes have been printed. Sadad said that about 1.1 billion of the newly-printed Afghani banknotes have been distributed in the markets.
According to him, during this period, some worn-out banknotes had been collected from the market and removed from circulation.
The Central Bank’s director of monetary policy added that the monetary inflation rate decreased from 15.3 percent to 3.5 percent.
Sadad stressed that the value of the Afghani currency against the US dollar has increased by 1.01 percent in the past year.
He claimed that the Afghani currency has better stability compared to the currencies of other countries in the region.
