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Value of afghani increases against US dollar by 6.7pc

· 2 min read · 608 views · Updated

KABUL (Pajhwok): The value of the US dollar dropped from 102 to 95 afghanis on Wednesday, registering a 6.7 percent recovery compared to the rates two days ago.

After the fall of the previous government on August 15 last year, international aid to Afghanistan decreased and the United States froze nearly 10 billion of its foreign exchange reserves, which resulted in a major economic blow to the country that also led to the depreciation of the afgahni against US dollar.

According to reports, on December 13 last year, one US dollar was exchanged for 130 afghanis. However, the value . . .

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