RASC News Agency: The Afghanistan Central Bank, operating under the Taliban regime, has announced an auction of $15 million to uphold the value of the Afghanistan currency against foreign currencies. In a statement issued by the bank on Sunday, March 17th, under the Taliban’s administration, this auction is scheduled for tomorrow, Monday.
The bank’s directive mandates the participation of all eligible exchange dealers and financial service centers in this bidding process. According to this announcement, auction winners must settle their accounts by the close of the auction day. Meanwhile, the exchange rate in Kabul’s markets, the capital of Afghanistan, stands at 71 kabuli rupees per US dollar today.
It’s noteworthy that the Afghanistan Central Bank, under the Taliban’s administration, has previously conducted auctions amounting to millions of dollars to stabilize the Afghanistan currency. Last week, the Afghanistan Central Bank, under the Taliban’s administration, also conducted an auction selling $17 million.
