English | دری

Sale of USD 15mn, 220mn Pakistani Rs by Afghan Central Bank

in Afghan Business

Sale of USD 15mn, 220mn Pakistani Rs by Afghan Central Bank

The central bank of Afghanistan, Da Afghanistan Bank (DAB), has announced to sell USD 15mn and 220mn Pakistani Rupees 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 US dollar currently stands at 68.60 against the Afghani, and Pakistani Rupees is sold at 637 AFN in Sarai Shahzada, Afghanistan’s largest financial institution in capital Kabul.



Related Articles

Government slams Etisalat announcement of 4G services in Afghanistan

The Ministry of Communication and Information Technology (MCIT) called the recent announcement of 4G mobile internet services by the Etisalat

In Afghan Presidential Elections, Social Media Empowers Citizen Voices

Paiwandgāh, a social media and mobile technology platform, launches to encourage citizen journalism around Afghanistan On 16 February 2014, Impassion

Revenue slumps in Dara-e-Souf coal mines

Officials in Samangan province have reported that revenue collection from Dara-e-Souf coal mines has drastically declined during the three quarters

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Your e-mail address will not be published.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.