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Afghani losing value due to political tension: DAB

· 2 min read · 307 views

KABUL Central Bank on Monday said its foreign exchange reserves had increased by $500,000 but the Afghanistan currency continued to lose value due to ‘political tensions’ in the country.

One US dollar was sold for 66 afghanis in January last year but today, January 8, one US dollar is sold for 70.30 afghanis.

Khalil Seddiq, head of Afghanistan Central Bank or Da Afghanistan Bank (DAB), told a meeting here that political tensions had ‘80 percent’ role and increase in government expenditures 20 percent role . . .

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