News Karnataka
Thursday, April 18 2024
Cricket
Asia

Afghan central bank urges people to use local currency

Afghan Central Bank Urges People To Use Local Currency
Photo Credit :

Kabul: Afghanistan’s central bank, Da Afghanistan Bank (DAB), has urged people to use local currency in transactions and to avoid using foreign currencies.

“In accordance with article 33 of the Da Afghanistan Bank law, the Afghanistan currency and its monetary unit is Afghani,” the bank said in a statement posted on social media account on Friday September 17.

“Therefore, all Afghans, the government and private institutions are requested to use Afghani in their contracts, transactions and businesses to improve economic growth,” the bank added.

The announcement came amid the growing use of foreign currencies in some Afghan provinces, including US dollar, Iran’s rial and Pakistani rupee.

Share this:
MANY DROPS MAKE AN OCEAN
Support NewsKarnataka's quality independent journalism with a small contribution.

How useful was this post?

Click on a star to rate it!

Average rating 0 / 5. Vote count: 0

No votes so far! Be the first to rate this post.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

To get the latest news on WhatsApp