Thursday, October 4, 2012

Afghanistan Imposes Currency Curb at Iran Border

Afghanistan has imposed a cap on U.S. dollar flows across the border with Iran amid a collapse in Iranian rial. The provincial authorities in Herat, close to the Islam Qala border with Iran, imposed a limit of $1,000 the amount travelers can take out of Afghanistan.

“We have tightened security in the border in the wake of rial falls and many complaints that Iranian currency is flowing in and dollars moving out,” said Brig. Gen. Sher Ahmad Maladani, commander of Afghan Border Police in Herat.  Gen. Maladani said border police had already seized a suitcase containing $180,000 from an individual crossing into Iran. (Reuters, 4 October)


Anonymous said...

Many analogies can be drawn between speculation in foreign currencies and drug use by Iranians, including that both involve smuggling from Afghanistan.

The government's lack of a crackdown is a serious insult, however, to those poor Iranians who kept their savings in Rials as instructed, while those who illegally moved them to dollars are experiencing a windfall.

Why not hang some sarafis?

Anonymous said...

This the final insult,that Afghanistan is complaining about the worthless rial!

There was a time when these countries Turkey Afghanistan Persian gulf states dreamed being like Iran.Now they spit on Iranian.

Anonymous said...

"border police had already seized a suitcase containing $180,000 from an individual crossing into Iran"

What a surprise. Afghan thieves.

Anonymous said...

10:03 AM

and it won't be the Persian Gulf for long, it is already seen as the Arabian Gulf by many observers, soon it will be the latter in both name and everything else, since its natural resources will shift hands to Iran's main rival in the region namely Saudi Arabia.

Anonymous said...

Anon 10:03AM
So what is your conclusion?

Anon 12:23PM
So, is it what you want, or you have other solutions?

Anon 10:35AM
So, the Islamic Republic will be richer with those $180,000 !!!