AVA - DAB to Auction 15 Million Dollars

DAB will auction 15 million USD on 24 Dec 2022 to keep the local currency rate stable.

Afghan Voice Agency (AVA)_Monitoring, DAB in a statement received by Bakhtar News Agency asked all eligible commercial banks, and money exchangers to participate in the auction.

It is mentioned in the newsletter that partial transaction is not allowed and the winner of the auction is obligated to deliver the amount in cash at a specific time to DAB.

DAB last week also auctioned off $13 million for strengthening the Afghani currency.

Meanwhile, today, Thursday one dollar was exchange for (88.70) Afghani in the market.