15 million USD auctioned by Afghanistan central bank to boost currency value

Moneychangers and private banks were encouraged to participate by depositing the necessary funds in afghani.

Afghanistan's central bank auctioned 15 million U.S. dollars on Tuesday to maintain the stability of the national currency the afghani.

"The bidders including moneychangers and private banks should deposit the necessary money in cash in the form of afghani in the central bank, Da Afghanistan Bank," the central bank said in a statement posted on social media.

According to the statement, the bank was requesting all eligible banks, foreign currency exchangers and monetary service providers to participate in the auction.

The bank also auctioned 15 million U.S. dollars last week.

The Afghan caretaker government, since assuming power in August 2021, has taken a series of measures to maintain the stability of the afghani against foreign currencies.