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Central bank set to auction $27m tomorrow

KABUL (Pajhwok): The central bank is all poised to auction 27 million US dollars on Wednesday to keep the afghani stable.

In a post on X, Da Afghanistan Bank (DAB) invited eligible lenders and money-exchange services to take 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 is required to deposit the amount in cash.

On Monday, the central bank had auctioned $25 million in line with its strategy to strengthen the local currency.

hz/mud

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