The Afghani, the currency of Afghanistan, has emerged as the best-performing currency of the third quarter of 2023. It has appreciated by 9% against the US dollar since July 1. …
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Afghan Currency Repression as Pakistan Cracks Down on Dollar Smuggling
by Hamza Irshadby Hamza IrshadDollar Smuggling Concerns have arisen among investors and businessmen in Afghanistan as the Afghani currency falls due to a crackdown on dollar smuggling in Pakistan. Over the past five days, …