After Two Weeks Banks And ATM Machines Are Still Closed In Kabul

Afghans wait for hours to try to withdraw money, in front of Kabul Bank, in Kabul

Daily Mail: 'No one has any money': Taliban beat protesters with branches and hurl stones as desperate Afghans gather outside Kabul bank amid cash crisis

* Afghanistan's banking system on verge of collapse, with the country's banks still closed nearly two weeks

* Huge crowds of desperate Afghans are outside Kabul bank, with reports locals are being pelted with stones

* Sources at Afghan central bank said banks remain shuttered after the Taliban ordered them to reopen

* The Afghan economy is heavily reliant on access to foreign currency and international aid

* Development has sparked fears of a severe economic and humanitarian crisis in the Central Asian country

Afghanistan's banking system is on the verge of collapse, with the country's banks still closed nearly two weeks after the Taliban seizure of power and leaving many people without access to cash amid fears of an economic and humanitarian disaster.

Images show huge crowds of desperate Afghans queueing outside a bank in Kabul, with reports claiming that locals are getting unruly and are being pelted with stones and beaten with branches by Taliban militants standing guard as the country plunges into chaos.

Sources at the Afghan central bank told CNN that banks remain shuttered days after the Taliban ordered them and other services to reopen because they have virtually run out of cash.

Read more ....

Update: 'No one has money.' Under Taliban rule, Afghanistan's banking system is imploding (CNN).

WNU Editor: The banks and /ATM machines have now been closed for two weeks. For all intents and purposes, they might as well remain shut. The Afghan economy is heavily reliant on access to foreign currency and international aid, and that money has been cut-off. What is worse is that the people who made the system work have either fled and/or are in hiding, and many have no interest to go back to their old jobs.

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