Afghanistan injects 12 mln USD to stabilize local currency

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Afghanistan injects 12 mln USD to stabilize local currency

STORY: Afghanistan injects 12 mln USD to stabilize local currency DATELINE: April 26, 2022 LENGTH: 00:01:28 LOCATION: Kabul CATEGORY: ECONOMY SHOTLIST: 1. various of money exchange market in Kabul and Afghan central bank STORYLINE: Afghanistan's central bank injected 12 million U.S. dollars into the local market in a bid to strengthen the national currency, afghani, Da Afghanistan Bank (DAB) said in a statement on Tuesday. According to the statement, the DAB was requesting all eligible banks, foreign exchange and monetary service providers to participate in the auction on Tuesday. "In auction bids, partial settlement of currencies is not allowed and the winners of the auction must deposit to Da Afghanistan Bank their money at one time in cash," the statement said. The U.S. dollar has depreciated against afghani, compared with a couple of weeks ago. On Sunday, the DAB conducted auctioning of 12 million dollars. Since the Taliban's takeover of Afghanistan in mid-August last year, the United

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