FILE PHOTO: An Afghan currency exchange worker stacks banknotes at a market in Kabul, Afghanistan October 7, 2021. REUTERS/Jorge Silva
(Corrects para 6 to show fund is based in Geneva (not at Bank for International Settlements) and has an account at the Basel-based BIS)
WASHINGTON (Reuters) -The United States on Wednesday announced that it would transfer $3.5 billion in Afghan central bank assets into a new Swiss-based trust fund that will be shielded from the Taliban and used to help stabilize Afghanistan's collapsed economy.
Already a subscriber? Log in.
Subscribe or renew your subscriptions to win prizes worth up to RM68,000!
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
