UN sends $32 mn in cash to Afghanistan

Da Afghanistan Bank (DAB), the central bank of the country, has announced that the UN has sent $32 million in cash to the war-torn nation as part of the world body's humanitarian aid assistance, the media reported.

In a statement, the DAB said that the money was delivered to Afghanistan International Bank (AIB) on Thursday, reports Khaama Press.

Welcoming the UN aid, the DAB said the money is part of a process based on which the UN will provide $20 million weekly until March to the country.

"This will definitely help the fragile economic and banking systems of Afghanistan that are feared to be collapsing," it added.

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On the other hand, economic analysts have said that unless the injection of dollars to Afghanistan's market, the country's local currency, Afghani, will further depreciate.