Pajhwok Afghan News

Central bank to auction $15m on Tuesday

KABUL (Pajhwok): Da Afghanistan Bank (DAB) on Sunday said it would auction 15 million dollars on Tuesday to strengthen the local currency.

In a statement, the central bank said it would inject $15 million into the market in the form of auctioning the greenback.

“The DAB invites eligible commercial banks and exchange and monetary service companies to participate in the auction,” the statement added.

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

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