Afghanistans

Afghanistan’s central bank sells USD 14 million to keep local currency stable

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Afghanistan’s central bank sells USD 14 million to keep local currency stable

[ad_1] US Dollar (Representative Image) Kabul: Afghanistan’s central bank Da Afghanistan Bank (DAB) sold $14 million by auction on Sunday to stabilise the exchange rate of the national currency afghani, the bank said in a statement released here on Sunday. The local currency afghani has been tumbling against foreign currencies, especially the US dollar, over … Read more

China to become Afghanistan’s second-largest trade partner in 2023

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China to become Afghanistan’s second-largest trade partner in 2023

[ad_1] Beijing: China’s trade with Afghanistan has been growing fast and it may become the second-largest trading nation with Afghanistan in 2023 after Pakistan, a situation that bodes well for the continuation of the CPEC part of the Belt & Road Initiative into Afghanistan, as per Silk Road Briefing (SRB). Silk Road Briefing provides global … Read more