AIRLINK 73.85 Decreased By ▼ -1.31 (-1.74%)
BOP 5.40 Decreased By ▼ -0.05 (-0.92%)
CNERGY 4.37 Decreased By ▼ -0.02 (-0.46%)
DFML 29.09 Increased By ▲ 1.45 (5.25%)
DGKC 77.14 Increased By ▲ 5.14 (7.14%)
FCCL 20.40 Increased By ▲ 0.11 (0.54%)
FFBL 30.86 Decreased By ▼ -0.19 (-0.61%)
FFL 10.10 Increased By ▲ 0.13 (1.3%)
GGL 10.57 Increased By ▲ 0.30 (2.92%)
HBL 114.50 Decreased By ▼ -0.50 (-0.43%)
HUBC 131.00 Decreased By ▼ -0.45 (-0.34%)
HUMNL 6.77 Decreased By ▼ -0.10 (-1.46%)
KEL 4.07 Decreased By ▼ -0.13 (-3.1%)
KOSM 4.67 Decreased By ▼ -0.10 (-2.1%)
MLCF 39.78 Increased By ▲ 2.70 (7.28%)
OGDC 134.40 Decreased By ▼ -1.05 (-0.78%)
PAEL 24.25 Increased By ▲ 0.85 (3.63%)
PIAA 27.45 Increased By ▲ 0.14 (0.51%)
PIBTL 6.68 Increased By ▲ 0.08 (1.21%)
PPL 113.55 Increased By ▲ 0.39 (0.34%)
PRL 28.65 Decreased By ▼ -0.10 (-0.35%)
PTC 15.20 Decreased By ▼ -0.30 (-1.94%)
SEARL 57.20 Decreased By ▼ -0.13 (-0.23%)
SNGP 66.80 Decreased By ▼ -0.19 (-0.28%)
SSGC 11.15 Decreased By ▼ -0.02 (-0.18%)
TELE 9.14 No Change ▼ 0.00 (0%)
TPLP 12.03 Decreased By ▼ -0.02 (-0.17%)
TRG 70.25 Decreased By ▼ -0.14 (-0.2%)
UNITY 23.85 Increased By ▲ 0.20 (0.85%)
WTL 1.33 Decreased By ▼ -0.01 (-0.75%)
BR100 7,456 Increased By 1.1 (0.01%)
BR30 24,315 Increased By 65.3 (0.27%)
KSE100 71,489 Increased By 55.7 (0.08%)
KSE30 23,587 Increased By 20.5 (0.09%)

MOSCOW: Russia on Monday called on the United States to release Afghan central bank reserves that Washington blocked after the Taliban’s takeover of Kabul earlier this month.

“If our Western colleagues are actually worried about the fate of the Afghan people, then we must not create additional problems for them by freezing gold and foreign exchange reserves,” said the Kremlin’s envoy to Afghanistan Zamir Kabulov.

The United States must urgently unfreeze these assets, he said on the state-run Rossiya 24 network, “to bolster the rate of the collapsing national currency”.

Kabulov added that without doing so the new Afghan authorities will turn to “the trafficking of illegal opiates” and “sell on the black market the weapons” abandoned by the Afghan army and the United States.

‘Taliban will not get access to Afghan reserves held in US’

The Afghan central bank’s gross reserves totalled $9.4 billion at the end of April, according to the IMF. The majority of these funds are held outside of Afghanistan.

Washington has indicated that the Taliban will not have access to assets held in the United States, without specifying the total amount there.

Afghanistan has long been the world’s largest producer of opium and heroin, with profits from the illicit trade helping fund the Taliban.

Comments

Comments are closed.