Currency auction process to be extended to zones: DAB
The currency auction process would be extended to zones to focus more on currency distribution, transparency and efficiency in line with market needs, the Da Afghanistan Bank said on Monday.
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Central bank to auction $20m on Thursday
The central bank is all poised to auction 20 million US dollars tomorrow (Thursday) to keep the afghani stable.
Efforts underway to ensure afghani stability: DAB
Acting head of the Da Afghanistan Bank (DAB) Noor Ahmad Agha has sought money changers’ cooperation in the prevention of currency smuggling and hoarding to ensure the stabilisation of Afghani in the market, a statement said on Sunday.
Sufficient financial resources at disposal: DAB
The Da Afghanistan Bank (DAB) says it has sufficient financial resources at its disposal and will meet the needs of money markets and financial institutions for Afghanis and other currencies if necessary, according to a statement on Sunday.
DAB set to auction $16m tomorrow
In an effort to stabilise the afghani, Da Afghanistan Bank (DAB) is set to auction $16 million tomorrow (Monday).
Afghani appreciated 17pc against US dollar in past year
The value of Afghani has been well protected in the past year against foreign currencies while restrictions on customers’ deposits in commercial banks have been reduced, an official said on Thursday.
DAB to auction $15m tomorrow to keep afghani stable
In a bid to keep the afghani stable, the central bank is all poised to auction $15 million on Wednesday (tomorrow).
DAB chief says committed to expanding financial services
Da Afghanistan Bank (DAB) chief met UN Secretary-General's representative for Afghanistan and said the central bank was committed to expanding financial services in all regions of the country so all citizens could benefit equally. In a statement, the…
DAB delegation attends 22nd IFSB meeting
A delegation, headed Da Afghanistan Bank (DAB) president, has attended the 22nd annual meeting of the Islamic Financial Services Board (IFSB) Djibouti. IFSB is an international institution that adopts and disseminates the standards to improve the soundness and…
DAB new policy: What money changers and analysts say
To prevent illegal financial transactions, Da Afghanistan Bank (DAB) or central bank has introduced a new policy, but money changers want the policy to be reviewed and analysts consider it necessary to legalize the money markets.
‘Sanctions on banking sector destabilised country financially’
International sanctions on Afghanistan’s banking sector has negatively affected common people the most by declining their purchasing power and overall financial stability of the country, an official said on Sunday.
5.2 billion old banknotes torched last year: DAB
Da Afghanistan Bank (DAB) said on Monday worn-out banknotes worth 5.2 billion afs were torched last year.
DAB auctions $594m this year to keep afghani stable
Da Afghanistan Bank (DAB) or central bank has auctioned $594 million so far this year to keep the afghani stable against foreign currencies. DAB says it has always tried to maintain the value of the afghani by using…
DAB warns moneychangers against online fiscal services
Da Afghanistan Bank (DAB) or central bank has warned moneychangers against online fiscal services because it has never issued such licenses to anyone.
Central bank set to auction $16m tomorrow
Amid continuing efforts to keep the afghani stable, the central bank is all poised to auction an amount of 16 million US dollars on Sunday.
DAB to auction $17 tomorrow to keep afghani steady
In a bid to keep the afghani stable in the market, the central bank is set to auction $17 million on Monday.
DAB to auction $17m to keep afghani steady
Da Afghanistan Bank (DAB) on Sunday announced it would auction 17 million dollars on Monday to strengthen the local currency. In a post on X, the central bank said it would inject $17 million into the market in…
DAB set to auction $17m on Wednesday to keep afghani steady
Da Afghanistan Bank (DAB) on Saturday announced it would auction 17 million dollars on Wednesday (Jan. 31) to strengthen the local currency.
Central bank set to auction $16m tomorrow
Da Afghanistan Bank (DAB) on Saturday announced it would auction 16 million dollars tomorrow (Sunday) to strengthen the local currency.
Restrictions on cash withdrawal from banks further eased: DAB
Da Afghanistan Bank (DAB) has informed all commercial banks and representatives of foreign banks to pay $1,000 per week to individual account holders and 70,000 afghanis per week to such accounts.
Badri holds talks with money changers on afghani stability
Da Afghanistan Bank (central bank) acting head Hidayatullah Badri held comprehensive talks with money changers on the stability of the afghani’s exchange rate. In a meeting with representatives of the Money Changers Union, Badri stressed promotion of the…
