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Afghani appreciates 5.5pc against US dollar

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KABUL (Pajhwok): Afghani currency appreciated by 5.5 percent against US dollar on Sunday due to growing demand for the local currency in the market.

Money Changers Union in Sari-i-Shahzada said one US dollar was accounted for 85.23 afs in the market on Sunday while in December last year one US dollar was accounted for 90 afs.

After the intervention of the Da Afghanistan Bank by injecting dollars in the market the value of Afghani did not further declined.

Abdul Rahman Zeerak, spokesperson for the money changers union, said as Eid is near there was growing demand . . .

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