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DAB Auction $14 Million by Tomorrow

KABUL (BNA) Da Afghanistan Bank will auction 14 million USA dollars on Sunday to keep the local currency rate stable in the market.

ADB in a statement received by Bakhtar News Agency asked all eligible commercial banks, and money exchangers to participate in the auction.

It is mentioned in the newsletter that partial transaction is not allowed and the winner of the auction is obligated to deliver the amount in cash at a specific time to DAB.
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DAB last week also auctioned off $16 million for strengthening the Afghani currency.

Meanwhile, today one dollar exchange to (87.40) Afghani in the market
Durani

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