Business

Taliban closes Nangarhar money changers’ association

KABUL, Afghanistan — The Taliban-run Ministry of Justice on Thursday announced the closure of the Nangarhar Money Changers’ Association, citing illegal activities.

In a statement posted on X, the ministry said the decision was made by the Taliban-run directorate of coordination in Nangarhar.

The statement urged money changers to obtain proper work licenses.

Some small-scale money changers in Afghanistan have previously complained that the Taliban’s requirements for obtaining licenses are too stringent, making it difficult for them to comply.

Additionally, some citizens have turned to currency trading due to limited employment opportunities and harsh living conditions.