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A report by Bloomberg has named the Afghan currency as the best currency of the third quarter of 2023.
According to the report, Afghanistan currency “Afghani” is the third strongest currency of 2023 till now.
Billions of dollars in humanitarian aid and growing trade with Asian countries have pushed the Afghan currency to the top of the global rankings this quarter.
According to a Bloomberg report, this is an unusual step for the poverty-stricken country.
After regaining control of Kabul in August 2021, the Taliban clamped down on currency trading.
A Bloomberg report states that Afghans are barred from using US dollars and Pakistani rupees.
The Afghanistan currency banned online trading to promote the Afghani, which has strengthened the currency.
Bloomberg adds that the Colombian peso and Sri Lankan rupee are better than the Afghanistan currency.