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DAB to auction $14m tomorrow to keep afghani steady

DAB to auction $14m tomorrow to keep afghani steady

author avatar
26 Aug 2023 - 15:28
DAB to auction $14m tomorrow to keep afghani steady
author avatar
26 Aug 2023 - 15:28

KABUL (Pajhwok): The central bank is all poised to auction an amount of 14 million US dollars on Sunday to keep Afghani stable.

In a statement published on its X handle, Da Afghanistan Bank invited eligible lenders and money-exchange services to part in the auction.

The winners will have to settle their accounts by the end of the day, according to DAB, which said partial payments were unacceptable.

Partial transactions are not permissible and the winner was required to deposit the amount in cash.

hz

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