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UPDATE 1-Zambia's central bank to raise cap on foreign exchange transactions

By Reuters Staff
(Adds central bank statement)
LUSAKA, May 27 (Reuters) - Zambia’s central bank will increase the daily limit for foreign currency exchange transactions, it announced on Thursday, as part of an effort to draw transactions into official channels and reduce complication for businesses.
Commercial bank customers will be allowed to exchange $10,000 per day, increased from $5,000. Customers at retail foreign exchange bureaus will be permitted to exchange up to $5,000, raised from $1,000, Central Bank Governor Christopher Mvunga said.
“This will allow for a regulated, systematic market where people can transact within the formal channels,” Mvunga said of the measures, which will take effect on June 1.

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Taliban launches major Afghan offensive after deadline for U.S. pullout

Taliban launches major Afghan offensive after deadline for U.S. pullout
By Zainullah Stanekzai
Reuters
LASHKAR GAH, Afghanistan (Reuters) -Afghan security forces fought back a major Taliban offensive in southern Helmand province in the last 24 hours, officials and residents said on Tuesday, as militants launched assaults around the country after a missed U.S. deadline to withdraw troops.
Although the United States did not meet the May 1 withdrawal deadline agreed in talks with the Taliban last year, its pull-out has begun, with President Joe Biden announcing all troops will be out by Sept. 11. Critics of the decision to withdraw say the Islamist militants will try to sweep back into power.

Helmand , Afghanistan , Ghazni , Kabul , Kabol , United-states , United-kingdom , Washington , Lashkar , Vardak , Lashkar-gah , Afghan

UPDATE 1-Taliban launches major Afghan offensive after deadline for U.S. pullout

UPDATE 1-Taliban launches major Afghan offensive after deadline for U.S. pullout
Reuters
8 hrs ago
By Zainullah Stanekzai
LASHKAR GAH, Afghanistan, May 4 (Reuters) - Afghan security forces fought back a major Taliban offensive in southern Helmand province in the last 24 hours, officials and residents said on Tuesday, as militants launched assaults around the country after a missed U.S. deadline to withdraw troops.
Although the United States did not meet the May 1 withdrawal deadline agreed in talks with the Taliban last year, its pull-out has begun, with President Joe Biden announcing all troops will be out by Sept. 11. Critics of the decision to withdraw say the Islamist militants will try to sweep back into power.

Afghanistan , Ghazni , United-states , United-kingdom , Washington , Helmand , Lashkar , Vardak , Kabul , Kabol , Lashkar-gah , Afghan