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Cash-starved Afghans form long queues as bank operations resume
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  • Cash-starved Afghans form long queues as bank operations resume

Cash-starved Afghans form long queues as bank operations resume

Asian News International • September 5, 2021, 17:43:19 IST
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Even though the Taliban had earlier asked all private banks to operate as normal and limit the withdrawal to $200 per week, not all branches have opened yet

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Cash-starved Afghans form long queues as bank operations resume

Kabul: Most of the banks in Afghanistan have resumed operations in the country, ending nearly weeks-long disruption in financial services, a media report said. Afghanistan’s central bank – Da Afghanistan Bank – announced that it had resumed financial operations. However, private banks have not opened all the branches, Khaama Press reported on Sunday. Afghani people were seen outside the banks waiting in long queues for their turn to withdraw money. Earlier, the Taliban had asked the private banks to operate as normal and limited the withdrawal to $200 per week. In Kabul, a bank customer said, “The cash I had is finished and now I have totally no money to buy even food ingredients and solve my daily problems. Islamic Emirate of Afghanistan should open all the banks and ATMs,” Khaama Press quoted him as saying. Businesses in Afghanistan were also being hampered due to the recent disruption in the country’s banking system. A week earlier, the Taliban had appointed Haji Mohammad Idris as the acting head of Da Afghanistan Bank. Earlier, Idris was the head of the Taliban economic commission. The Taliban appointed him to facilitate the purpose of organising government institutions, banking issues and addressing the problems of the people. People in Kabul were facing difficulties due to the closure of banks and the biggest money-changing market Sarai Shahzada.

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