Kabul, November 3: In a move that is certain to cause further disruption to the Afghanistan economy that is already on the brink of collapse, the Taliban has announced a complete ban on the use of foreign currency in the country and warned of action for violating the order, reported Al-Jazeera.

"The Islamic Emirate (Taliban) instructs all citizens, shopkeepers, traders, businessmen and the general public to ... conduct all transactions in Afghanis and strictly refrain from using foreign currency," the news channel quoted the statement by Taliban spokesperson Zabiullah Mujahid as saying.

Also Read | COP26: Climate Finance Cannot Continue at Levels Decided in 2009, Says Union Environment Minister Bhupender Yadav.

"Anyone violating this order will face legal action," the statement further read.

According to the channel, the US dollar is the widespread medium of exchange in Afghanistan's markets. The bordering areas use the currency of neighbouring countries like Pakistan for trade purposes, reported the news channel.

Also Read | China: Families Asked To Stockpile Food and Daily Necessities Leading to Panic Buying Amid Surging Vegetable Prices, COVID-19 Outbreak.

Notably, Afghanistan's access to more than USD 9.5 billion has been blocked by the US, the World Bank and the International Monetary Fund (IMF) after the Taliban take-over in Kabul on August 15.

Millions of Afghans have been internally displaced, and thousands have left the country giving rise to a growing humanitarian crisis.

The country is in a dire economic situation with no international support and connectivity, resulting in an extremely difficult situation for ordinary people.

(The above story is verified and authored by ANI staff, ANI is South Asia's leading multimedia news agency with over 100 bureaus in India, South Asia and across the globe. ANI brings the latest news on Politics and Current Affairs in India & around the World, Sports, Health, Fitness, Entertainment, & News. The views appearing in the above post do not reflect the opinions of LatestLY)