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The Da Afghanistan Bank on Aug. 6, 2013. Photo: Victor J. Blue/Bloomberg via Getty Images

The Taliban's declaration that it had taken control of Afghanistan on Monday put central bank watchers around the world on alert.

Driving the news: The nation's central bank, Da Afghanistan Bank, held $9.4 billion in international reserves as of April, according to the International Monetary Fund.

Why it matters: International observers are concerned about what the Taliban would do with the funds if it got its hands on the central bank's assets.

Yes, but: "The vast majority of the Afghan Central Bank assets are not currently held in Afghanistan," a person familiar with the matter tells Axios.

  • "Any Central Bank assets the Afghan government have in the United States will not be made available to the Taliban," an administration official tells Axios.

Central banks usually hold reserves in gold or a widely held currency like the U.S. dollar. These reserves are used for transactions among central banks.

Catch up quick: Taliban leaders declared victory in Afghanistan on Monday, which follows the Biden administration's decision to withdraw U.S. troops from the country.

Go deeper

How D.C.'s Capital Area Food Bank is fighting food insecurity

Photo: Drew Angerer/Getty Images

For 42 years, the Capital Area Food Bank has served food-insecure families in the D.C. region — and doing so during the holiday season in a pandemic is no small feat.

  • “There's still so many who are still very vulnerable, who are still suffering the effects of COVID,” Radha Muthiah, president and CEO of the Capital Area Food Bank, which partners with 450 nonprofit organizations in the D.C. area.

Biden's top bank regulator nomination at risk after tense hearing

Saule Omarova, nominee for Comptroller of the Currency, at a confirmation hearing on Nov. 18. Photo: Anna Moneymaker/Getty Images

A high-stakes battle over the next bank cop just got shoved into the spotlight.

Driving the news: A crucial hearing yesterday — that was ugly and tense at times — made one thing clear: Saule Omarova's shot at leading one of the nation's most powerful financial regulators may be at risk, with growing opposition from both sides of the aisle.

Austin's favorite grocery stores

Illustration: Sarah Grillo/Axios Visuals

Over 350 readers responded to our survey about your favorite grocery stores in the Austin area, curbside pickup habits and whether you'd choose Central Market or Whole Foods in a matchup.

By the numbers: Readers overwhelmingly chose H-E-B as their preferred grocery store, with more than 60% picking the Texas chain.