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Afghan runoff contenders call for immediate ratification of Anti-Money Laundering Laws

Afghan presidential candidates, Dr. Abdullah Abdullah and Ashraf Ghani, have emphasized on immediate ratification of Anti-Money Laundering and Prevention of Financing Terrorism laws. Campaigning for the June runoff election, the contenders expressed concerned about Parliament’s delay in passing the laws.

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President Karzai declares support for Afghan banks

President Hamid Karzai conferred on the challenges facing the Afghan banks at a meeting attended by concerned ministers, chairman of the Central Bank and heads of the private banks. The meeting came after China announced halting financial transactions with Afghan

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Pakistani Rupee a common alternative currency in Nangarhar markets

Owed to its proximity to Pakistan, eastern Nangarhar province serves as a major trade route between Afghanistan and Pakistan. The Pakistani Rupee is becoming a commonly used currency in Nangarhar markets where Afghanis and Rupees are simply interchangeable despite a

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