KABUL, Feb 6 (NNN-ANA) – Afghanistan’s central bank, Da Afghanistan Bank (DAB), auctioned 16 million U.S. dollars yesterday, to stabilise the exchange rate of the national currency, a statement of the bank said.
Afghanistan’s national currency, the afghani, has been tumbling against foreign currencies, especially the U.S. dollar. The exchange rate of one U.S. dollar increased from last week’s 88 afghanis to 89.50 afghanis at the moment.
The DAB has injected millions of U.S. dollars into the country’s money-exchange market, over the past month, in an effort to prevent the fall of afghani against foreign currencies.
The DAB also auctioned up to 16 million U.S. dollars last week.
Afghanistan received nearly two billion U.S. dollars in cash, over the past year, as part of the international community’s humanitarian aid, to stabilise the war-torn country’s economy.– NNN-ANA
