{"id":656138,"date":"2021-08-17T20:22:45","date_gmt":"2021-08-18T00:22:45","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=656138"},"modified":"2021-08-17T20:22:47","modified_gmt":"2021-08-18T00:22:47","slug":"treasury-freezes-afghan-foreign-reserves-in-u-s-banks","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/treasury-freezes-afghan-foreign-reserves-in-u-s-banks\/","title":{"rendered":"Treasury freezes Afghan foreign reserves in U.S. banks"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">16<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Ftreasury-freezes-afghan-foreign-reserves-in-u-s-banks%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=656138&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><div id=\"attachment_2493657\" class=\"wp-caption aligncenter\">\n<p id=\"caption-attachment-2493657\" class=\"wp-caption-text\">The U.S. Treasury Department building at dusk in Washington. (AP Photo\/Patrick Semansky, File)<\/p>\n<\/div>\n<h5>OAN Newsroom<br \/>UPDATED 5:17 PM PT \u2013 Tuesday, August 17, 2021<\/h5>\n<p>Joe Biden\u2019s Treasury froze billions of dollars in Afghan foreign currency reserves to prevent the Taliban from using those funds. According to Tuesday reports, the Treasury\u2019s Office of Foreign Assets Control froze all Afghan government accounts in U.S. financial institutions.<\/p>\n<p>The move also froze foreign currency and gold reserves of the Afghan Central Bank, which was estimated at nearly $10 billion.&nbsp;The Afghan national currency plunged to its lowest in history following the Treasury decision.<\/p>\n<p>Currency traders have said the Afghan economy was now in complete disarray.<\/p>\n<p>\u201cBusiness is down. I am hearing about the currency difference by 300 or 400 rupees. The businesses will settle down when the Taliban announce their policy and it also depends on which countries recognize them,\u201d explained Senior Member Aziz Jan Achakzai of Chamber of Commerce and Industry, Pakistan. \u201c\u2026The whole set up has changed there in Afghanistan.\u201d<\/p>\n<p>Economists expect elements of Afghanistan\u2019s market economy to crumble, which would return the country to subsistence farming and drug trade.<\/p>\n<h4>MORE NEWS:&nbsp;<a href=\"https:\/\/www.oann.com\/wh-kabul-airport-is-secure-evacuation-flights-have-resumed\/\">WH: Kabul Airport Is Secure, Evacuation Flights Have Resumed<\/a><\/h4>\n","protected":false},"excerpt":{"rendered":"<p>The U.S. Treasury Department building at dusk in Washington. (AP Photo\/Patrick Semansky, File) OAN NewsroomUPDATED 5:17 PM PT \u2013 Tuesday, August 17, 2021 Joe Biden\u2019s Treasury froze billions of dollars &#8230;<\/p>\n","protected":false},"author":7,"featured_media":2315279,"comment_status":"close","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[],"class_list":["post-656138","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/656138","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=656138"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/656138\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2315279"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=656138"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=656138"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=656138"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}