English | دری

Afghan Central Bank sells USD 12mn

in Afghan Business

Afghan Central Bank sells USD 12mn

The Afghan Central Bank, Da Afghanistan Bank (DAB), has announced to sell USD 12mn on Saturday.

DAB requested qualified dealers and commercial banks who already have kept one million and five hundred thousand Afghanis as a guarantee with the Bank to participate in the bidding for the sale of the US dollars.

Those dealers who have not paid the aforementioned guarantee amount to the central bank can pay it to the Bank a day before the bidding starts and can participate in future bids. Partial settlements are not allowed by the Bank and the bidders are required to submit their guarantee up front during the period specified by the Bank.

The central bank plans to continue injecting US dollar into the market in a bid to control the rising value of US dollar against Afghani.



Related Articles

Over 2000 families benefit from development projects in Ghazni province

The National Solidarity Program (NSP) of the Ministry of Rural Rehabilitation and Development (MRRD) completed 22 infrastructure projects in various

Helmand to get various agriculture facilities

Provincial Agriculture Department of Helmand said a cold storage facility, a dairy farm and a market for agricultural products would

4 marble processing plants inaugurated in Nangarhar province

Four marble processing plants worth USD 6mn were officially inaugurated on Tuesday in Nangarhar province. According to the province’s officials,

No comments

Write a comment
No Comments Yet! You can be first to comment this post!

Write a Comment

Your e-mail address will not be published.
Required fields are marked*

Time limit is exhausted. Please reload the CAPTCHA.