English | دری

Over 193mn Afghani worth of bank notes deteriorating

in Afghan Business

Over 193mn Afghani worth of bank notes deteriorating

Officials from Afghanistan’s Central Bank, Da Afghanistan Bank (DAB), said over 193mn Afghani worth of bank notes are deteriorating before their shelf-life.

Afghani paper money is supposed to have a shelf-life of three years, but a large amount of the bills wear out as quickly as six months.

Careless handling and misusing are cited as the main reasons behind the premature deterioration of Afghani bank notes.

Meantime, some analysts blame the government for failing to educate the general public about how to preserve the bank notes.

Some accused the government of using low quality materials in making the bank notes.

The cost of replacing bank notes is too high for Afghan government as the bank notes are printed outside the country.



Related Articles

Kabul Airport’s landing system to be fixed in three weeks

Afghan aviation officials announced Saturday that the landing system of Kabul International Airport would be fixed in three weeks time.

Herat residents thank India for their role in Afghanistan’s reconstruction process

Residents showered Indian workers in Indian Consulate of Herat with flowers and thanked them for their support in reconstructing Afghanistan

Afghan government to build small airports in remote districts

In order to tackle the problem of road blockages in remote districts, the Afghan government is planning to build small

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Your e-mail address will not be published.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.