Experts warn of hyperinflation and growing poverty, with money transfers from abroad suspended
Afghanistan is facing a potentially catastrophic perfect storm of bank closures and shortages of hard currency on top of the suspension of money transfers by companies that sustain the key flow of remittances to Afghans from abroad by family members.
With ATMs in cities emptied, and banks and the main Sarai Shahzada financial exchange in Kabul still closed, the country has faced a series of economic shocks since the Taliban seized power a week ago.