Taliban's Afghani currency emerges as best-performing currency of the quarter, beats dollar

The currency of Taliban-controlled Afghanistan, the Afghani, has emerged as the best-performing currency globally for the current quarter. The Afghani has demonstrated an impressive nine percent increase in value during this period, defying global economic trends. This surge in value can be attributed primarily to the substantial influx of humanitarian aid and increased trade activities with neighboring Asian countries.

Since seizing power in Afghanistan two years ago, the Taliban have implemented a series of measures aimed at exerting control over their national currency. These measures include a ban on the use of US dollars and Pakistani rupees in local transactions, as well as imposing stricter restrictions on the movement of US dollars out of the country. The Taliban have even gone as far as criminalizing online trading, threatening imprisonment for those who violate these rules.

Despite the Afghani's remarkable performance in the current quarter, Afghanistan remains one of the world's poorest countries with a deeply concerning human rights records. While the Afghani has experienced a significant 14 percent increase in value over the past year, it still ranks third on the global list of best-performing currencies, trailing behind the currencies of Colombia and Sri Lanka.