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Kabul’s largest currency exchange market reopens after Taliban takeover

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The largest currency exchange market in the Afghan capital of Kabul reopened on Saturday after closing for nearly three weeks since the Taliban takeover.

The reopening day saw a huge turnout of locals inside the market. The exchange rate of U.S. dollars to afghanis prior to the takeover was at one to 76. On Saturday, it became one to 86.

Meer Afghan Safi, head of the currency exchange market, said although commerce and financial systems across Afghanistan have gradually resumed business recently, exchange rates are still fluctuating.

He hopes that the government can introduce relevant policies as soon as possible to stabilize the exchange rate and enable the Afghan economy to recover and develop.

“I hope everything will get better, good policies will be implemented, and our country’s economy will be restored. If Afghanistan achieves peace and stability, many countries will come to invest and our country will definitely become prosperous,” said Safi.

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