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The value of the Afghan currency has increased by more than 17 percent in a year


Since the Emirate Islamia government came to power in Afghanistan, the value of the country's currency has been steadily increasing. Although the value of the currencies of many countries around the world is on the decline against the US dollar, the value of the Afghani currency has increased by more than 17 percent in the last year.

Local time on Thursday (September 5), the Central Bank of Afghanistan said that the value of the Afghani against the dollar has increased by 17.25 percent in the past year.

The country's central bank also said that last year, 149 new companies were granted currency exchange and financial business licenses. In total, the number of these financial institutions stands at 1 thousand 780. In addition, last year more than 7 billion old Afghan coins were collected and given new coins.

At the beginning of this year, the World Bank said, this time, the value of the Afghan currency may decrease against the major currencies of the world. But the fear of the World Bank was not correct. Although the value of the currency has increased, Afghanistan's economic stability has not yet returned to normal. Besides, many people are still living unemployed in the country.

Experts say keeping the currency stable and monitoring financial institutions is a positive thing. But these things are not enough to solve the deep economic crisis in Afghanistan.

Currently, 1 US dollar is exchanged in Afghanistan for 70.2 Afghanis.

Meanwhile, the Taliban came to power again in Afghanistan in 2021. This time, after taking over the responsibility of the government, they looked at the financial aspect.

Bangladesh /FM




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