RASC News Agency: Over one hundred money exchange offices in Kandahar province were shut down today by the Taliban due to the lack of “official licenses.” These exchanges were closed for operating without permits, and the Taliban have stated that they must obtain licenses as soon as possible or cease their illegal activities. However, the money exchangers argue that the requirements for obtaining official licenses are beyond their means, and the Taliban should consider the current economic conditions.
The money exchangers claim that people can barely afford food, let alone pay the exorbitant fees demanded by the Taliban for licenses. Exchange office officials have also pointed out that the money required by the government as a “guarantee” is unaffordable for most of them. They warn that many people will lose their jobs if the exchanges are shut down. They noted that the Taliban are demanding substantial sums for official licenses, and the recent increase in the cost of these licenses has made it impossible for them to comply.
It is worth mentioning that the Taliban had previously instructed money exchangers to deposit a certain amount as a guarantee with the central bank and obtain their licenses. However, due to the increased cost, the exchangers are unable to secure the licenses. The exchangers assert that they will obtain licenses once the economic situation improves. Meanwhile, the Taliban have also cracked down on dozens of street money exchangers at Shahzada Market in Kabul, preventing them from operating due to a lack of official licenses.
The street exchangers claim they have been working there for years and paying a regular fee for their spots and chairs to the government. This is not the first time their activities have been disrupted; they faced similar challenges during the previous three years of Taliban rule.
