KABUL (Pajhwok): The transfer of Afghanistan reserves to a Swiss-based trust was against the international monetary laws and would hamper Afghani value and further complicate banking and trade affairs, according to economic affairs experts on Thursday.
US froze over $9 billion of Afghanistan’s cash reserves last year after regime change in the country.
In an expected development, the US and Swiss governments say $3.5 billion of frozen Afghan central bank’s assets will be used for the benefit of the poverty-stricken Afghan people.
The current Afghan administration would have no access to the newly-established Afghan . . .
