Afghan central bank urges people to use local currency

Date:

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.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Popular

More like this
Related

Bigg Boss Telugu 10: Nagarjuna’s Weekend Episode May Bring Tough Questions and Major Twists

The upcoming weekend episode of Bigg Boss Telugu 10...

Keerthy Suresh’s Dorothy Struggles to Find an Audience in Telugu States

Keerthy Suresh’s latest film, Dorothy, has failed to make...

Rajinikanth’s Jailer 2 Creates a Buzz in the USA as Advance Bookings Pick Up Pace

Superstar Rajinikanth’s highly anticipated sequel Jailer 2 is gearing...

Salman Khan’s Delayed Film Maatrubhumi Gets Major Government Clearance?

Salman Khan’s much-delayed war drama Maatrubhumi: May War Rest...