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DAB Auction off Another $10 MIn

KABUL (BNA) Da Afghanistan Bank announced Monday that it would auction off around $10 million on Tuesday, in a bid to help bring some stability to the Afghan currency.

Da Afghanistan Bank (DAB) called on commercial banks, money exchangers, and companies that provide money services to attend the auction on Tuesday.

The bank announced banned partial transactions and the winner of the auction should deposit all the money owed at once in cash or by reference in the bank within a certain period of time.

Past week, the central Bank auctioned off $10 million due to instability in the value of the dollar against the Afghani.

W/A

KABUL (BNA) Da Afghanistan Bank announced Monday that it would auction off around $10 million on Tuesday, in a bid to help bring some stability to the Afghan currency.

Da Afghanistan Bank (DAB) called on commercial banks, money exchangers, and companies that provide money services to attend the auction on Tuesday.

The bank announced banned partial transactions and the winner of the auction should deposit all the money owed at once in cash or by reference in the bank within a certain period of time.

Past week, the central Bank auctioned off $10 million due to instability in the value of the dollar against the Afghani.

W/A

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