Southwest Afghanistan Currency Transition; In a strategic move, the Islamic Emirate-controlled Central Bank of Afghanistan has set a deadline for the southwestern regions to abandon the use of Pakistani currency in favor of the Afghani. Residents in provinces like Kandahar, Uruzgan, and Helmand have two and a half months to make the transition or face legal consequences.
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Currency Transition Deadline: Southwest Afghanistan Urged to Embrace Afghani or Face Legal Consequences
The Islamic Emirate-controlled Central Bank of Afghanistan has issued a warning and set a deadline for its customers in the country’s southwestern regions. To stop conducting business in Pakistani currency (Kaldar).
On 11 sept 2023, The Afghanistan Bank began the process of promoting the Afghani currency. In the southwest region of the nation. Authorities have given residents of this region a period of two and a half months. To convert their business transactions to Afghani currency and to cease the use of regional currencies.
This bank’s statement explicitly advises residents of the provinces of Kandahar, Uruzgan, Helmand, Zabul, and Daikundi. To settle their commercial transactions in Afghani, which is the national currency of Afghanistan.
The notice states that after this date, authorities will consider any transactions involving other currencies as unlawful. And they will subject offenders to legal repercussions.