Can you believe Afghanistan's currency outperforming Japan, the Euro, and India's currency? It's true! In January 2022, 1$ equaled 104.56 Afghanis, and by September 2023, it was 1$ = 78.2 Afghanis.

Now, the question arises: How is this possible in a country where 78% of the population lives in poverty? Here's how:

1. Ban the use of the US Dollar and Pakistani Rupee in local transactions.
2. Impose export caps to limit the amount of dollars leaving the country.

To ensure a steady supply:

3. They received $5.8 billion in humanitarian assistance from the UN.
4. They criminalized forex trading, citing Islamic principles.

What do you think will be the repercussions? Share your thoughts in the comments below!

#AfghanCurrency #EconomicPolicy #ForexTrading #CurrencyExchange #UNHumanitarianAssistance #YouTubeShorts

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