Afghan Currency Rapidly Declines against USD
KABUL (ECONOMIC/MEP) — After Donald Trump called off the US-Taliban peace talks, the dollar rapidly rose against the Afghan currency.
The value of the USD against the Afghan currency has risen nearly to AF 1 since yesterday.
Yesterday, the value of $ 1 for the Afghan currency was 78.40 in the Kabul markets, but today it equals to AF 79.20.
The AFN exchange rate to other foreign currencies are as follows:
One dollar equals to 79.20 AFN
One Euro equals to 86.50 AFN
One UK Pound equals to 95.40 AFN
One Saudi Rial equals to 20.80 AFN
One UAE Dirham equals to 21.30 AFN
One thousand Iranian Rial equal to 6.85 AFN
One thousand Indian Rupees equal to 1100 AFN
One thousand Pakistani Rupees equal to 500 AFN
According to the Kabul currency exchange markets, the rate of Afghani and other foreign currencies are changing momently.
The AFN exchange rate is falling while the Central Bank of Afghanistan CBA has recently announced an increase in the country’s monetary reserves, and due to its false monetary policy, it sold some dollars to markets.
