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Taliban to Face Cash Crunch Ruling Afghanistan
August 20, 2021 at 6:43 pm EDT By Taegan Goddard 8 Comments
https://politicalwire.com/2021/08/20/taliban-to-face-cash-crunch-ruling-afghanistan/
"SNIP......
Associated Press: Despite their dominant military blitz over the past week, the Taliban lack access to billions of dollars from their central bank and the International Monetary Fund that would keep the country running during a turbulent shakeup. Those funds are largely controlled by the U.S. and international institutions, a possible leverage point as tense evacuations proceed from the airport in the capital of Kabul.
As of now, the Taliban government cannot access almost all of the Afghanistan central banks $9 billion in reserves, most of which is held by the New York Federal Reserve.
......SNIP"
CanonRay
(14,101 posts)so they won't be hurting too much
roamer65
(36,745 posts)RMB is going to start to circulate there very soon.
winetourdriver01
(1,154 posts)You nailed it, it's China's turn to get fleeced. I also hope they are dumb enough to put some troops on the ground..
Hoyt
(54,770 posts)if things dont change.
Raine
(30,540 posts)they'll ever need or want.
Hortensis
(58,785 posts)has a long history of big conflicts with both. Including oppression and even atrocities against Muslims.
They all have very different goals, and guessing commonality will never again be as close as now when both China and Russia are vying among others for influence with Afghanistan. And Afghanistan's Taliban needs their support and international acceptance.
multigraincracker
(32,676 posts)to get their attention. He might dole it out to them with it tied to civil rights for women and children.