Central bank poised to auction off $11m today

KABUL (Pajhwok): The central bank is all poised to auction off $11 million today (Sunday) in a bid to keep the local currency stable.

A day earlier, Da Afghanistan Bank (DAB) said it would inject $11 million USD in order to keep the value of the afghani stable against foreign currencies.

In a brief statement, DAB invited all eligible banks and money-exchange services to attend the auction. The winner will have to pay the money by the end of the day.

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