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تصویر بندانگشتی

Kabul Markets Affected by Rise of Dollar against Afghani

The Union of Money Exchangers of Sarai Shahzada said that the Afghani has dropped against the dollar in the past two days.

A spokesman for the union said that the news about the suspension of humanitarian aid has left a negative impact on Afghani’s value against other currencies.

According to the union, the Central Bank injected $17 million into the market on Tuesday to prevent further fall of Afghani against the dollar.

“In the past two days, the news about the suspension of humanitarian aid has had a negative impact on the market, and right now with the help of Da Afghanistan Bank, the value of Afghani is back in its place,” said Abdul Rahman Zirak, a spokesman for the union.

A number of Kabul residents said they are faced with economic challenges and cannot afford to pay for higher commodity prices.

They said that commodities prices have increased after the fall of the Afghani against the dollar.
 
“The prices of rice have been increased to 200 Afs, the prices of the flour have not increased. One dollar is exchanged for 90 Afs,” said Mohammad Yasin, a Kabul resident.

“We called on the government to have control over prices in markets and set the right price for commodities,” said Abdul Hade, a Kabul resident.

The United Nations office in Kabul said that every week, the organization transfers millions of dollars in cash to deliver humanitarian aid to Afghanistan.

Kabul Markets Affected by Rise of Dollar against Afghani

A number of Kabul residents said they are faced with economic challenges and cannot afford to pay for higher commodity prices.

تصویر بندانگشتی

The Union of Money Exchangers of Sarai Shahzada said that the Afghani has dropped against the dollar in the past two days.

A spokesman for the union said that the news about the suspension of humanitarian aid has left a negative impact on Afghani’s value against other currencies.

According to the union, the Central Bank injected $17 million into the market on Tuesday to prevent further fall of Afghani against the dollar.

“In the past two days, the news about the suspension of humanitarian aid has had a negative impact on the market, and right now with the help of Da Afghanistan Bank, the value of Afghani is back in its place,” said Abdul Rahman Zirak, a spokesman for the union.

A number of Kabul residents said they are faced with economic challenges and cannot afford to pay for higher commodity prices.

They said that commodities prices have increased after the fall of the Afghani against the dollar.
 
“The prices of rice have been increased to 200 Afs, the prices of the flour have not increased. One dollar is exchanged for 90 Afs,” said Mohammad Yasin, a Kabul resident.

“We called on the government to have control over prices in markets and set the right price for commodities,” said Abdul Hade, a Kabul resident.

The United Nations office in Kabul said that every week, the organization transfers millions of dollars in cash to deliver humanitarian aid to Afghanistan.

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