Da Afghanistan Bank (DAB) announced on Tuesday it was auctioning 12 million dollars tomorrow to strengthen the local currency. In a statement, the central bank said it would inject $12 million into the market tomorrow (Wednesday, March 23)…
Claims about the central bank’s inability to convert dollars into afghanis are untrue, says a government official. Zabihullah Mujahid, spokesman for the caretaker government, tweeted that the central bank had not yet received dollars from the UN or…
Da Afghanistan Bank (DAB) has confirmed taking delivery of $32 million in aid and transferring the amount to Afghanistan International Bank (AIB). The central bank welcomed the injection of cash into Afghanistan’s struggling economy and said: “The transit…
KABUL Bank (DAB) on Wednesday announced offering $32 million to the market for keeping the Afghan currency stable, blaming the fall of the afghani currency on profiteers. The Afghan currency significantly lost its value against the US dollar between Wednesday…
KABUL Central Bank on Monday said its foreign exchange reserves had increased by $500,000 but the Afghanistan currency continued to lose value due to ‘political tensions’ in the country. One US dollar was sold for 66 afghanis in January last…
