Afghanistan's central bank will auction $16M to stabilize the national currency, the afghani.

Afghanistan's central bank plans to auction 16 million USD on Monday to stabilize the national currency, the afghani. Bidders, including money changers and private banks, must deposit funds in afghani. The bank has previously injected millions of dollars into the local market over the past three years to prevent the afghani's decline against foreign currencies.

4 months ago
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