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Foreign Currency Use Increases as Afghani Value Drops - Vimarsana News

Foreign Currency Use Increases as Afghani Value Drops

Foreign Currency Use Increases as Afghani Value Drops Amid the escalation in fighting and growing insecurity in the country, fluctuations of the Afghani against foreign currencies is leading to the increased use of  those currencies. Sources told TOLOnews that in recent months most people opening bank accounts have been trying to open dollar accounts instead of Afghani accounts.  According to sources, in the last six months 70% of all bank accounts in the country have been changed from Afghani accounts into foreign currency accounts, especially into dollars.  Sayed Masoud, a university lec...

Fires at Afghan Customs 'Possibly Arson' - Vimarsana News

Fires at Afghan Customs 'Possibly Arson'

Fires at Afghan Customs 'Possibly Arson' Several recent fires in Afghanistan’s customs departments in the western part of the country have caused the private sector heavy losses, and the Afghanistan Chambers Federation (ACF) is concerned over the root causes of the incident. The chamber says the customs clearance process has been affected, and there is the possibility that deliberate acts of arson were the cause of the fires. “If the government does not prevent such events, it may happen again, we fear ... if such incidents occur at Aqeena and Hairatan trade ports, there are hundreds...