Afghanistan's central bank auctions $18 million to stabilize the afghani, combating currency weakening.

Afghanistan's central bank plans to auction $18 million on Sunday to stabilize the national currency, the afghani, which has been weakening against the US dollar. The bank aims to prevent further devaluation of the afghani, with the exchange rate for one dollar rising from 69.30 afghanis to 73.38 afghanis over the past month. This auction is part of ongoing efforts to maintain currency stability.

2 months ago
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