Afghanistan Faces Financial Turmoil With Taliban Cut Off From Reserves
For more crisp and insightful business and economic news, subscribe to The Daily Upside newsletter. It's completely free and we guarantee you'll learn something new every day.
The overthrow of Afghanistan's government by the Taliban this week has heightened concerns about regional stability in the Middle East and the safety of refugees. Now, the economic fallout is beginning.
Afghanistan's former central banker Ajmal Ahmady — who fled the country alongside other officials — warned Wednesday that a dire shortage of dollars and higher inflation are poised to hammer the country's financial outlook.
Source Fool.com
