Afghanistan
Afghan notes switch proceeding despite problems
ARTICLE - The switchover of bank notes in Afghanistan continues as the war ravaged country attempts to stabilise the weak economy. Deputy central bank governor Isa Turab described the operation as "proceeding well despite logistical problems".
Afghanistan new notes switch going well
ARTICLE - New currency is circulating in Afghanistan as the process of changing money is carried out by the interim government.
Afghan c bank clarifies operations on new currency
AFGHANISTAN - Administrative Vice President of Afghan National Bank, Ghulam Ghouse Hadawi pledged on Wednesday that all old Afghani notes would be exchanged in the end despite mass complains about the slow distribution of the new currency.
New Afghan banknotes go into circulation in north
AFGHANISTAN - New Afghan banknotes have been officially put in circulation in the northern zone. The ceremony started with a recitation from the holy Koran.
Afghan bank governor wants aid to be productive
INTERVIEW - Afghanistan's U.S.-educated central bank head says he wants to see the war-ravaged country standing on its own feet economically within four to five years. In an interview given to Reuters at the weekend he also revealed he has two full time…
Afghanistan launches new currency
AFGHANISTAN - Afghanistan launched a new currency on Monday aiming to regain control of an economy devastated by more than 23 years of war and internal strife. Redenomination of the afghani will involve lopping three zeros from a currency so eroded in…
New Afghan currency to come into circulation 7 Oct
AFGHANISTAN - The head of Da Afghanistan Bank, the central bank, Dr Anwar al-Haq Ahadi, has said the new currency will be put into circulation on 15 Mizan [7 October 2002] and said that the exchange process of the old currency for the new one will be…
Afghan trade minister speaks of new currency
AFGHANISTAN - The trade minister of Afghanistan, Sayd Mostafa Kazemi, has said that Afghanistan has a positive view on capital and capital investment. He also said the new currency of Afghanistan will be a credible currency and our central bank has the…
New currency to stabilise inflation in Afghanistan
AFGHANISTAN - The head of Da Afghanistan Bank, the central bank in Afghanistan, Anwar al-Haq Ahadi, announced in an interview that with the distribution of the new banknotes in Afghanistan it can be hoped inflation will be reduced.
IMF News Brief
NEWS BRIEF - IMF Managing Director Welcomes Afghanistan's New Currency, 4 September.
New currency for Afghanistan
AFGHANISTAN - Afghan President Hamid Karzai on Wednesday said his government would replace its troubled afghani currency with new banknotes in a bid to bring stability to volatile exchange markets.
New currency expected soon to replace the Afghani
AFGHANISTAN - A new Afghan currency printed in Germany and resembling the Euro is being introduced shortly to replace the almost valueless Afghani, reported Gulf News on Monday.
Ahady plans new currency for Afghanistan
AFGHANISTAN - The new head of the Afghan central bank, Anwar Ahady, has announced his plans to increase the nominal value of the afghani by a thousand with a view to promoting financial stability and attracting foreign investment.
Afghan central bank struggles to defend currency
FEATURE - Afghanistan's central bank plans to issue a new bank note and chop three zeros off the volatile afghani in order to bring money supply under its control, the governor of the Bank of Afghanistan said on Tuesday in an interview with Reuters.
World Bank boss visits Afghanistan
AFGHANISTAN - The World Bank's president has reaffirmed his long-term commitment to the development of Afghanistan.
Interview with Afghanistan's central bank governor
FEATURE - The recently appointed governor of Afghanistan's central bank, Anwar Ahady, has given an exclusive interview to Central Banking journal. In it he talks of his immediate priorities and hopes for the future of the central bank and Afghanistan's…
Afghanistan backs national currency
AFGHANISTAN - The central bank in Afghanistan has intervened to support the national currency, buying $500,000 worth of afghanis from the Kabul money market.
EU to warn Kabul on monetary framework
AFGHANISTAN - European Union foreign ministers will today warn the Afghan government it can expect little in the way of budgetary support unless the government starts establishing a transparent fiscal and monetary system.
US-based professor new Afghan central bank chief
AFGHANISTAN - An American-based university professor and former merchant banker on Sunday was appointed to probably the toughest finance job in the world - governor of the Afghan Central Bank.
Kabul joins queue for bank services
AUSTRALIA - Two months after John Howard promised Australian help to rebuild Afghanistan's war-ravaged central bank, the Reserve Bank of Australia official chosen to advise his Afghan counterparts is still cooling his heels in Sydney, The Australian…
Pakistan work to establish modern financial system
FEATURE - As Afghanistan rebuilds, industrialized nations around the world are paying close attention to attempts by neighboring Pakistan to modernize its financial system, reports Nikkei Weekly.
Afghanistan's accounting nightmare
FEATURE - Deep in the vaults of Afghanistan's central bank is what looks like a mountain of money - bundles of notes piled as high as a man fill a small room.
Afghan currency 'expected to stabilise'
AFGHANISTAN - The Afghan currency, the Afghani, has seen huge changes in value over the last few months.
Chaos in Kabul amid currency rumours
AFGHANISTAN - Afghanistan's currency markets have been plunged into chaos, amid reports that the Afghani could be abandoned temporarily for the dollar.