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

STORY: Afghan central bank to auction 12 mln USD to stabilize local currency DATELINE: Sept. 22, 2022 LENGTH: 00:01:16 LOCATION: Kabul CATEGORY: ECONOMY SHOTLIST: 1. various of Da Afghanistan Bank's building and currency exchange market in Kabul STORYLINE: Afghanistan's Da Afghanistan Bank (DAB) said on Wednesday that it has put in auction 12 million U.S. dollars as part of efforts to keep the local currency afghani stable. The central bank's decision was made amid tumbling afghani against foreign currencies, especially the U.S. dollar, in the moneychangers markets. The exchange rate of one U.S. dollar was 88 afghani last week, but it rose to 88.77 afghani on Tuesday. In similar efforts, the central bank auctioned 12 million U.S. dollars a couple of weeks ago. However, observers believe that afghani would continue to lose against foreign currencies unless local and foreign companies invest in the war-torn and impoverished country to create job opportunities for the Afghans. Xinhua News Agency correspo

Afghanistan's central bank auctions 12 mln USD to keep national currency stable

STORY: Afghanistan's central bank auctions 12 mln USD to keep national currency stable DATELINE: July 17, 2022 LENGTH: 00:01:13 LOCATION: Kabul CATEGORY: ECONOMY SHOTLIST: 1. various of a money exchange market in Kabul STORYLINE: Afghanistan's central bank Da Afghanistan Bank put on auction 12 million U.S. dollars on Sunday as part of efforts to keep the national currency stable, the state-run Bakhtar news agency reported. The bidders, including moneychangers and private banks, should deposit the necessary money in cash in afghani as a guarantee in the central bank before the auction begins. Afghanistan's national currency, the afghani, has been tumbling against foreign currencies, especially the U.S. dollar. The exchange rate of 1 U.S. dollar increased from last week's 88.10 afghanis to 88.40 afghanis on Saturday. In similar efforts, the central bank auctioned 12 million dollars on June 20 and the same amount on June 27 to keep the national currency stable against foreign currencies. Xinhua

AFGHANISTAN-KABUL-BLAST

AFGHANISTAN-KABUL-BLAST

(220403) -- KABUL, April 3, 2022 (Xinhua) -- People stand outside Sarai Shahzada money exchange market where a blast took place in Kabul, Afghanistan, April 3, 2022. Some people were injured as an explosive device went off next to the main money exchange market in the Afghan capital Kabul on Sunday, an eyewitness said. The blast went off around 9:30 a.m. local time at the gate of Sarai Shahzada money exchange market when dozens of customers and moneychangers were rushing to the entry gate, the eyewitness said on the condition of anonymity. (Photo by Saifurahman Safi/Xinhua)

AFGHANISTAN-KABUL-BLAST

AFGHANISTAN-KABUL-BLAST

(220403) -- KABUL, April 3, 2022 (Xinhua) -- People stand outside Sarai Shahzada money exchange market where a blast took place in Kabul, Afghanistan, April 3, 2022. Some people were injured as an explosive device went off next to the main money exchange market in the Afghan capital Kabul on Sunday, an eyewitness said. The blast went off around 9:30 a.m. local time at the gate of Sarai Shahzada money exchange market when dozens of customers and moneychangers were rushing to the entry gate, the eyewitness said on the condition of anonymity. (Photo by Saifurahman Safi/Xinhua)

Blast wounds 10 people in Kabul

STORY: Blast wounds 10 people in Kabul DATELINE: April 3, 2022 LENGTH: 00:01:30 LOCATION: Kabul CATEGORY: OTHERS SHOTLIST: 1. various of Sarai Shahzada money exchange market in Kabul, Afghanistan STORYLINE: Ten people were injured on Sunday as a bomb blast went off next to the gate of Sarai Shahzada money exchange market in the Afghan capital Kabul. The explosion came when dozens of customers and moneychangers were going to enter the market, the Interior Ministry said in a statement released here. "This morning a thief threw a hand grenade on people in Sarai Shahzada locality to rob money but 10 persons were slightly injured," the statement asserted. An investigation has been initiated into the incident and security forces have been trying to arrest the culprit, the statement further said. In the meantime, a moneychanger at the market, Abdul Rahman Zerak, told local media that the blast took place at 09:45 a.m. local time. Zerak added that the market was closed following the blast and the