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Central bank to auction $12m tomorrow

· 1 min read · 276 views

KABUL (Pajhwok): Da Afghanistan Bank (DAB) announced on Monday it was auctioning 12 million dollars tomorrow, Tuesday, to strengthen the local currency.

In a statement, the central bank said it would inject $12 million into the market tomorrow (Tuesday, April 5) in the form of auction.

DAB asked commercial banks, exchange companies and monetary services to participate in the tender.

According to the bank, the winners of the tender are obliged to settle their accounts immediately until the end of the day.

According to DAB, partial settlement of transactions is not allowed and the winners of the tender should deposit . . .

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