{"id":26828,"date":"2025-01-26T10:59:09","date_gmt":"2025-01-26T10:59:09","guid":{"rendered":"https:\/\/swn.af\/en\/?p=26828"},"modified":"2025-01-26T13:46:25","modified_gmt":"2025-01-26T13:46:25","slug":"dab-auctions-25-million-to-stabilize-value-of-the-afghani-currency","status":"publish","type":"post","link":"https:\/\/swn.af\/en\/2025\/01\/dab-auctions-25-million-to-stabilize-value-of-the-afghani-currency\/","title":{"rendered":"DAB auctions $25 million to stabilize value of the Afghani currency"},"content":{"rendered":"

KABUL (SW) \u2013 The Afghanistan Central Bank\/ Da Afghanistan Bank (DAB) has announced that in order to maintain and stabilize the value of the Afghani currency, it will auction 25 million US dollars on Monday, January 27.<\/strong><\/p>\n

This move comes as the exchange rate of the US dollar continues to rise, with 1 dollar now valued at 75.58 afghanis on Sunday.<\/p>\n

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However, some news agencies, citing their sources \u2018Sarai Shahzada\u2019 currency exchange market in Kabul, have reported that the currency has since exceeded 80 afghanis.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/article>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n

The bank also auctioned 20 million US dollars on Saturday, January 25.<\/p>\n

The DAB, under the Islamic Emirate, has asked eligible banks and exchange and money services companies to participate in this tender.<\/p>\n

The Afghanistan central bank has said that the winners of the auction are obliged to clear their accounts by the end of the auction day.<\/p>\n

\u201cPartial 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\/Afghanistan Central Bank in cash once within a certain period.\u201d<\/p>\n

The bank has previously sold millions of dollars through similar auctions in order to maintain and stabilize the value of the Afghani currency.<\/p>\n

ENDS<\/strong><\/em><\/h6>\n","protected":false},"excerpt":{"rendered":"

The Afghanistan Central Bank\/ Da Afghanistan Bank (DAB) has announced that in order to maintain and stabilize the value of the Afghani currency, it will auction 25 million US dollars on Monday, January 27.<\/p>\n","protected":false},"author":9,"featured_media":26830,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[990,984,981,8,6,7],"tags":[],"class_list":["post-26828","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest","category-news","category-economy","category-governance","category-afghanistan","category-headline"],"views":103,"_links":{"self":[{"href":"https:\/\/swn.af\/en\/wp-json\/wp\/v2\/posts\/26828","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/swn.af\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/swn.af\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/swn.af\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/swn.af\/en\/wp-json\/wp\/v2\/comments?post=26828"}],"version-history":[{"count":4,"href":"https:\/\/swn.af\/en\/wp-json\/wp\/v2\/posts\/26828\/revisions"}],"predecessor-version":[{"id":26836,"href":"https:\/\/swn.af\/en\/wp-json\/wp\/v2\/posts\/26828\/revisions\/26836"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/swn.af\/en\/wp-json\/wp\/v2\/media\/26830"}],"wp:attachment":[{"href":"https:\/\/swn.af\/en\/wp-json\/wp\/v2\/media?parent=26828"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/swn.af\/en\/wp-json\/wp\/v2\/categories?post=26828"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/swn.af\/en\/wp-json\/wp\/v2\/tags?post=26828"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}