The head of the council of money exchangers of Afghanistan, Bahram Khan Zadran, said that the demand for Afghan currency in the market helped its price to rise against the foreign currencies.

In an interview with TOLOnews, Zadran said that the use of foreign currency for daily business dealings has been banned.

“When the dollars, euro, rial, dirham and dinar come to the market, it increases the demands of the afghani currency. Secondly, Da Afghanistan Bank (Central Bank) is successful because. During the republican government, when they were making promises, the promises would not be fulfilled but now they [Central Bank] fulfill their promise,” he said.

Zadran said that despite the smuggling of dollars having been reduced, some people still, under the pretext of money-exchanging, are taking the dollar out of the country.
According to him, the Central Bank is monitoring the carrying of money out of the country.

“They use the name of money exchange for this [smuggling], everyone comes and smuggles the dollar. Anyone who has money is either a trader or a jeweler,” he said.

According to Zadran, nearly 240 money exchangers received licenses since the arrival of the Islamic Emirate, and it urged the Central Bank to issue licenses to other money exchangers.

“We want from the Central Bank and the Financial Ministry to give licenses to the money exchangers. This is the main problem of the money exchangers,” Bahram said.

This comes as the Central Bank said earlier that the price of Afghan currency against the foreign currencies has risen by 26.4 percent.