Afghanistan’s Central Bank Allows Merchants To Withdraw 25,000 U.S. Dollars Monthly

Afghanistan’s Central Bank Allows Merchants To Withdraw 25,000 U.S. Dollars Monthly

KABUL, Sept 21 (NNN-ANA) – Afghanistan’s central bank, Da Afghanistan Bank (DAB), allowed merchants and owners of private companies to withdraw 25,000 U.S. dollars from their bank accounts once a month, reported a local TV channel yesterday.

Following the latest decision and announcement of DAB, Afghan entrepreneurs could receive 25,000 U.S. dollars or its afghani equivalent once a month, from their accounts from all banks across Afghanistan, reported Tolo News TV.

Reports of freezing Afghanistan’s bank assets by the United States, as well as, a halt of funds by the World Bank and the International Monetary Fund (IMF), have recently fueled concerns among Afghans.

On Aug 28, the DBA issued an order to all banks in the country, setting a temporary limit of withdrawals of 200 U.S. dollars or 20,000 afghani, for one customer every week.

Thousands of customers had waited in long lines to withdraw their savings, since the Taliban’s takeover of the country in mid-Aug.

Meantime, local businessmen and members of the Afghan Chamber of Commerce told the TV channel that, the cash allowed to be withdrawn was insufficient.

They said, in order to run their business, they need enough money to withdraw from government-run and private banks.– NNN-ANA

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