Afghan central bank calls for removal of restrictions imposed on country’s foreign exchange reserves

Da Afghanistan Bank’s foreign exchange reserves are the property of the Afghan people and have been used for many years in the light of the law to maintain monetary stability, strengthen the financial system and facilitate trade with the world, said the Bank in its statement.

Da Afghanistan Bank wants a complete removal of restrictions imposed on the country’s foreign exchange reserves, and in this regard, efforts have been made to use the reserves effectively to achieve the aforementioned goals, went saying the statement of the bank.

Da Afghanistan Bank has measured any decision regarding the allocation, use, or transfer of these reserves to achieve unrelated goals as unacceptable and requested to reconsider it.
Meanwhile, the US Treasury Department announced that it will transfer 3.5 billion dollars of the frozen assets of the Central Bank of Afghanistan to a trust fund in Switzerland, an action that Da Afghanistan Bank said is unfair and unacceptable for the bank. (ILKHA)