Tag "afghanistan currency"
Back to homepage
Efforts underway to ban Pakistani Rupees in Afghanistan
Da Afghanistan Bank (DAB), Afghanistan’s central bank, endeavors to ban usage of Pakistani Rupees in Afghanistan. Currently, Pakistani Rupees (known as ‘Kaldar’ in Afghanistan), is commonly used in southern provinces of Afghanistan including Kandahar, Helmand, Uruzgan and Zabul provinces. Economic
Read More
The unstable Afghani currency
As the elections deadlock ended, there were glimpses of hope that Afghani currency would appreciate in value against the US dollar. Only a few days after the formation of the new government, the Afghani currency continued to go down. The
Read More
The rising dollar against Afghani
The US dollar has been sold at an exchange rate of 55.5-60AFN in the past week. People are faced with high prices of food items and other commodities as a result of the expensive dollar. The increasing demand for US
Read More
Gold, petrol rates down in Kabul
Pajhwok Afghan News Weekly Price Report-Gold and petrol prices decreased during the outgoing week in Kabul, where the rate of rice edged up, retailers said on Thursday. The price of one gram of Arabian gold declined from 2,250 afs to
Read More
Afghanistan’s central bank sells US dollars to Afghan money exchangers
Afghanistan’s Central Bank, Da Afghanistan Bank (DAB), sold USD 27,500,000 to Afghan money exchangers on 09 March 2013, reported Sarai Shahzada. The dollar was sold at a rate of between 53.80 and 53.83. Sarai Shahzada is Afghanistan’s largest and historical
Read More
Forged money flooding Kabul markets
A number of residents and moneyexchangers have expressed their concerns about the rising circulation of counterfeit money in the market. Many moneyexchangers have given up their business as a result of increase in the printing of forged 500 and 1000
Read More
Central Bank sells US dollars to Afghan money exchangers
According to the money exchangers at Sarai Shehzada, the Afghanistan Central Bank (Da Afghanistan Bank) sold USD 2,400,000 to the money exchangers at an exchange rate of between 51.921- 51.94 today, Tuesday, 5th of February. This comes after the Central
Read More
Iran sanctions hurting Afghanistan’s economy
Afghanistan is repeatedly pinched as the west tightens its sanctions against Iran. Afghani currency has dropped to its lowest value against the dollar in the span of only a few weeks. The reason is linked to the high demand for
Read More
Afghan high officials link currency fall to false rumors
As the Afghani plummeted against the dollar in the market ($1=53.2AFN), rumors about the currency situation worsening are boiling up. Present at a Wolesi Jirga meeting, Minister of Finacne Omar Zakhilwal, Minister of Economy Abdul Hadi Arghandiwal and Da Afghanistan
Read More
Afghani currency falls against foreign currencies
Afghani currency value hit its record low in a decade on Tuesday, with one dollar accounting for 55 AFN in the capital city. Governor of the Da Afghanistan Bank (DAB) Noorullah Delwari linked the drop in the Afghani currency value
Read More