DAB to auction $25 million to stabilize Afghani currency

KABUL: Da Afghanistan Bank (DAB) the country’s central has announced that it will auction $25 million on Monday (January 27) through a bidding process.

The bank has invited all banks and exchange companies to participate in the auction.

This auction comes at a time when the value of the U.S. dollar against the Afghani currency has once again increased.

Da Afghanistan Bank has previously stated that it is monitoring the stock markets and has extensive financial resources at its disposal.

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