Effective Monetary Policy Behind Afghani Appreciation: DAB

KABUL (BNA): Following the Central Bank of Afghanistan’s effective measures, the Afghani currency has strengthened dramatically against international currencies, particularly the US dollar, in recent days.

According to Hasib Noori, spokesman for the Central Bank of Afghanistan (Da Afghanistan Bank), this development is the outcome of the bank’s efficient monetary policy.

The bank’s goal is to safeguard the Afghani currency’s value and create domestic price stability, he said.

Meanwhile, Kabul municipality has begun controlling the cost of essential goods in Kabul, taking currency rate fluctuations and other considerations into account.

The price lists are determined and made effective in Kabul marketplaces by a commission comprised of representatives from relevant organizations and traders.


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