City
Epaper

Afghan central bank urges people to use local currency

By IANS | Updated: September 18, 2021 10:50 IST

Kabul, Sep 18 Afghanistan's central bank, Da Afghanistan Bank (DAB), has urged people to use local currency in ...

Open in App

Kabul, Sep 18 Afghanistan's central bank, Da Afghanistan Bank (DAB), has urged people to use local currency in transactions and avoided using foreign currencies.

"In accordance with article 33 of the Da Afghanistan Bank law, the Afghanistan currency and its monetary unit is afghani," the bank said in a statement posted on social media account on Friday.

"Therefore, all Afghans, the government and private institutions are requested to use afghani in their contracts, transactions and businesses to improve economic growth," the bank added.

The announcement came amid the growing use of foreign currencies in some Afghan provinces, including US dollar, Iran's rial and Pakistani rupee.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: AfghanistanKabulAfgDa afghanistan bankAfghanistan taliban
Open in App

Related Stories

CricketZimbabwe Clinch First Home Test Victory Since 2013 With Dominant Win Over Afghanistan

Cricket'Immoral and Barbaric': Rashid Khan Reacts After Pakistan Airstrikes Kill 3 Cricketers in Afghanistan

InternationalPakistan-Afghanistan Conflict: At Least 15 Civilians Killed, Over 100 Injured in Pakistani Artillery Fire in Kandahar

CricketAFG vs BAN 2025 3rd ODI Highlights: Afghanistan Thrash Bangladesh by 200 Runs to Sweep ODI Series 3–0

InternationalIndia to Reopen Embassy in Kabul Four Years After Taliban Takeover of Afghanistan

International Realted Stories

InternationalBASC Research Associate Aisha Baloch urges global action on Balochistan crisis at Human Rights Week 2025

InternationalSecurity heightens in Bangladesh ahead of verdict in case against Sheikh Hasina

InternationalSpaceX launches NASA’s Sentinel-6B satellite to monitor sea level change

InternationalBhupender Yadav arrives in Brazil for CoP30; to present India’s stand on adaptation, climate finance

InternationalDeeply shocked, fullest support to affected Indians: EAM Jaishankar on Saudi bus accident