KABUL (SW) – The Da Afghanistan Bank has announced that in order to maintain and stabilize the value of the afghani currency, it will auction 16 million US dollars on Wednesday.
The bank has asked eligible banks and exchange and money services companies to participate in this tender.
The central bank has said that the winners of the auction are obliged to clear their accounts by the end of the auction day.
“Partial settlement of transactions is not allowed in currency auction bids. The winners of the tender are obliged to deliver the money owed to Da Afghanistan Bank/Central Bank of Afghanistan in cash once within a certain period”.
The bank has previously sold millions of dollars through similar auctions in order to maintain and stabilize the value of the afghani.
Earlier, an aid package of 40 million dollars worth of cash ha landed in Kabul, announced the Da Afghanistan Bank.
The central bank of Afghanistan has announced in a tweet that, following the continuation of the humanitarian aid of donor countries to Afghanistan, another cash package of 40 million dollars has arrived in Kabul and has been deposited in one of the commercial banks.
According to reports, so far 26 packages worth 40 million dollars and more than 30 packages worth 32 million dollars have reached Afghanistan.
Based on central bank statistics, the total amount of cash aid from the international community after the domination of Afghanistan by the Islamic Emirate reaches more than one billion and 993 million dollars.
The bank has said that it appreciates any principled move that brings currency to the country and helps the needy in the society, and continues its efforts to strengthen the banking sector as much as possible.
The bank, while appreciating the assistance of the international community, has expressed hope that these assistance will be provided through the banking sector.
ENDS
