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تصویر بندانگشتی

Afghan Currency Value Rises Against US Dollar

Sarai Shahzada money exchangers union in Kabul said that the Afghani currency value has increased against the US dollar. 

Currently one US dollar is 85 Afghani in Kabul.

The price of Afghani currency has increased significantly for the first time in nearly two years. 
"The main reason is that Eid is coming and Da Afghanistan Bank needs to purchase Afghani currency, foreign institution...," said Abdul Rahman Zerak, spokesman for money exchangers union.

"Aid from abroad has increased and of course some people help their families and send them dollars and then they exchange dollars in Afghani to do shopping for Eid," said Mohammad Tahir Qayomi, deputy head of money exchangers union.

"(Family members abroad) annually send a billion dollars through money transfers to Sarai Shahzada," said Amin Jan Khosty, a money exchanger.

Meanwhile, the Ministry of Economy believes that the increase of exports and crackdown on dollar trafficking is the main reason for the increase in value of Afghan currency against other currencies.

"Preventing money smuggling, the increase of exports, transparency in collection of  taxes, and agreements with mine extraction are reasons for increasing Afghan currency," said Abdul Rahman Habibi, a spokesman for MoE.

Last week one dollar was 86 Afghani but today one dollar is exchanged for 85 Afghani.

Afghan Currency Value Rises Against US Dollar

Last week one dollar was 86 afghani but today one dollar has exchanged 85 afghani.

تصویر بندانگشتی

Sarai Shahzada money exchangers union in Kabul said that the Afghani currency value has increased against the US dollar. 

Currently one US dollar is 85 Afghani in Kabul.

The price of Afghani currency has increased significantly for the first time in nearly two years. 
"The main reason is that Eid is coming and Da Afghanistan Bank needs to purchase Afghani currency, foreign institution...," said Abdul Rahman Zerak, spokesman for money exchangers union.

"Aid from abroad has increased and of course some people help their families and send them dollars and then they exchange dollars in Afghani to do shopping for Eid," said Mohammad Tahir Qayomi, deputy head of money exchangers union.

"(Family members abroad) annually send a billion dollars through money transfers to Sarai Shahzada," said Amin Jan Khosty, a money exchanger.

Meanwhile, the Ministry of Economy believes that the increase of exports and crackdown on dollar trafficking is the main reason for the increase in value of Afghan currency against other currencies.

"Preventing money smuggling, the increase of exports, transparency in collection of  taxes, and agreements with mine extraction are reasons for increasing Afghan currency," said Abdul Rahman Habibi, a spokesman for MoE.

Last week one dollar was 86 Afghani but today one dollar is exchanged for 85 Afghani.

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