The economic crisis in Pakistan is being aggravated by the flow of foreign currency out of the country. Every day, millions of US Dollars are being smuggled from Pakistan into Afghanistan, which has resulted in the Afghan Afghani (AFN) becoming one of the best-performing currencies globally in the past year.
Meanwhile, the Pakistani Rupee (PKR) has suffered and is among the worst-performing currencies. These unauthorized inflows are providing significant support to Afghanistan’s struggling economy, as the Taliban regime has been denied access to billions of dollars in foreign reserves by the United States and Europe, as reported by Bloomberg.
The post Here’s Why Afghanistan Currency is Much Greater than Pakistan’s Currency appeared first on Startup Pakistan.
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