KABUL, Jun 28 (NNN-ANA) – Afghanistan’s central bank, Da Afghanistan Bank, announced to put on auction 11 million U.S. dollars today, to keep stable the national currency.
“The bidders, including moneychangers and private banks, should deposit the necessary money in cash, in afghani, in the central bank, the Da Afghanistan Bank,” the bank’s statement said.
Afghanistan’s national currency, the afghani, has been tumbling against foreign currencies, especially U.S. dollars, and the exchange rate of one U.S. dollar increased from last week’s 88 afghani to 88.5 afghani, this week.
In similar efforts, the central bank auctioned 12 million U.S. dollars on Jun 20, to keep the national currency strong.– NNN-ANA
