KABUL, Jun 13 (NNN-ANA) – Afghanistan’s central bank injected 11 million U.S. dollars into the local market, in a bid to strengthen the national currency, afghani, Da Afghanistan Bank (DAB) said, yesterday.
DAB was requesting all eligible banks, foreign exchange and monetary service providers, to participate in the auction, scheduled for today, according to a DAB statement.
“In auction bids, partial settlement of currencies is not allowed, and the winners of the auction must deposit to Da Afghanistan Bank their money at one time, in cash,” the statement said.
The U.S. dollar has depreciated against afghani, compared with a couple of weeks ago. Earlier this week, the DAB conducted auctioning of 13 million dollars.
Since the Taliban’s takeover of Afghanistan, in mid-Aug last year, the United States has frozen more than nine billion U.S. dollars of assets of Afghanistan’s central bank, and thus undermined the banking system in the country.– NNN-ANA
