KARACHI -- Food prices are spiraling in Afghanistan as the local currency plummets under selling pressure and imports from Pakistan decline steeply due to a U.S. dollar shortage that prevents traders making payments.
Traders unable to settle payments after U.S. cuts off Taliban dollar access
Heavily loaded trucks waiting last month to cross into Afghanistan from Pakistan at Friendship Gate near the Pakistani town of Chaman. © Reuters
KARACHI -- Food prices are spiraling in Afghanistan as the local currency plummets under selling pressure and imports from Pakistan decline steeply due to a U.S. dollar shortage that prevents traders making payments.