Afghan central bank auctions $15 mn to stabilise local currency

by |

 July 2 (IANS) Afghanistan's central bank auctioned $15 million on Tuesday 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. According to the statement, the bank was requesting all eligible banks, foreign currency exchangers and monetary service providers to participate in the auction, reports Xinhua news agency. The bank also auctioned $15 million last week. Since assuming power in August 2021, the Afghan caretaker government has taken a series of measures to maintain the stability of the Afghani against foreign currencies. 

Latest News
FM Nirmala Sitharaman set to present her 7th Budget, major reforms expected Tue, Jul 23, 2024, 10:01 AM
Over four lakh devotees perform ongoing Amarnath Yatra in 24 days Tue, Jul 23, 2024, 09:54 AM
Tech firm Kakao's founder arrested over alleged stock manipulation Tue, Jul 23, 2024, 09:46 AM
Tour de France winner Pogacar pulls out of Paris Olympics Tue, Jul 23, 2024, 09:28 AM
What BHU students expect from Budget 2024: Funding for research, hostel, job opportunities Mon, Jul 22, 2024, 05:01 PM
Mizoram's Aizawl to become 4th state capital in NE to have rail link by next year Mon, Jul 22, 2024, 04:55 PM
Don't share video circulated by terrorists: J&K Police warns public Mon, Jul 22, 2024, 04:52 PM
Major allocations likely for six guarantees in Telangana's full budget Mon, Jul 22, 2024, 04:50 PM
Root is so special that he could eventually overtake Sachin: Vaughan Mon, Jul 22, 2024, 04:48 PM
HM Amit Shah's verbal assault on Pawar-Thackeray evoke strong reactions from MVA, NCP Mon, Jul 22, 2024, 04:46 PM
Odisha Assembly session: Oppn stages walkout during Governor's address Mon, Jul 22, 2024, 04:44 PM
14 Palestinians killed in Israeli attacks in Khan Younis: Health authorities Mon, Jul 22, 2024, 04:43 PM
No special status to Bihar, reiterates Centre in Lok Sabha; RJD takes 'toy' jibe Mon, Jul 22, 2024, 04:37 PM
AI, machine learning job roles see 433 pc rise since 2022: Study Mon, Jul 22, 2024, 04:34 PM
Typhoon Prapiroon brings rainstorms, strong gusts to China Mon, Jul 22, 2024, 04:33 PM