KABUL, Jan 28 (NNN-BNA) – Afghanistan’s central bank announced that, it injected 25 million U.S. dollars on Monday, in a bid to maintain the stability of the national currency, the afghani.
“The bidders, including moneychangers and private banks, should deposit the necessary money in cash, in the form of afghani, in the central bank Da Afghanistan Bank,” the central bank said in a statement posted on social media.
Over the past month, the bank has injected millions of U.S. dollars into the nation’s currency exchange market, to stabilise the afghani and prevent its decline against foreign currencies.
The bank also auctioned 20 million U.S. dollars on Saturday.
In recent weeks, the afghani has experienced a depreciation against the U.S. dollar. Currently, the exchange rate stands at about 80.50 afghani for one U.S. dollar, compared to about 69.30 afghani a month ago.– NNN-BNA
