Afghan central bank to inject 12 mln USD to stabilize local currency

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Afghan central bank to inject 12 mln USD to stabilize local currency

STORY: Afghan central bank to inject 12 mln USD to stabilize local currency DATELINE: June 19, 2022 LENGTH: 00:01:22 LOCATION: Kabul CATEGORY: ECONOMY SHOTLIST: 1. various of the Afghan central bank in Kabul STORYLINE: Afghanistan's central bank, the Da Afghanistan Bank (DAB), said Sunday it would further inject 12 million U.S. dollars into the local market to boost the national currency afghani. The DAB said in a statement that it was requesting all eligible banks and monetary service providers to participate in the auction scheduled for Monday. "In auction bids, partial settlement of currencies is not allowed and the winners of the auction must deposit in the Da Afghanistan Bank their money at one time in cash," the statement said. The U.S. dollar has depreciated against the afghani compared with a couple of weeks ago. The DAB conducted auctioning of 11 million dollars earlier this week. Xinhua News Agency correspondents reporting from Kabul. (XHTV)

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