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Wire · regulatory

Taliban bans the use of foreign currency across Afghanistan

Published

2 November 2021

Topic

regulatory

Geography

Afghanistan

Source

Read at news.google.com

Verified

Fusion42 · 29 July 2026 · Fusion42 review

The Taliban government has announced a complete ban on the use of all foreign currencies for transactions within Afghanistan. The move is expected to further disrupt the country's collapsing economy, which heavily relies on the US dollar and currencies from neighbouring countries for trade.

◆ The Wire takeaway

Formal payment rails into Afghanistan have been switched off. Any operation relying on moving foreign currency for payroll or B2B payments must now look to informal hawala networks or barter.

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Topics

afghanistancurrency-controlsfxtradepolitical-risk