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DAB to Auction $16 Mln Wednesday

KABUL (BNA) Afghanistan Central Bank announced auctioning $16 million in the market Wednesday through a bidding process to reduce the value of the US dollar against Afghani.

In a statement released by the bank, the country’s central bank asked eligible money changers, banks, and money services companies to take part in the bidding.

The individuals or companies that wanted to take part in the bidding process should clear their past accounts, added the statement.

It is worth mentioning that the country’s central bank auctioned $15 million earlier in this week to reduce the value of the US dollar against Afghani
Meanwhile, today one American dollar exchanged (87.90) Afghani in the market.
Durani

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