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Afghanistan: Afghan currency depreciates 33pc against USD in a year

KABUL, 02 January 2022, (TON): Today marks the first day of 2022 and 2021 saw the afghani depreciating by more than 33 percent against the US dollar, while food prices jumped by more than 26 percent and car fuel by 43 percent.

Considering the political changes in the country and freezing of over $9 billion in Afghan assets by the US, the Afghan currency against foreign currencies, especially the US dollar, depreciated.

Depreciation of afghani against USD main challenge this year

Haji Hussein Malik, a moneychanger at Sara-i-Shahzada Market in Kabul, told media that today one US dollar was accounted for 103 afghanis and 1,000 Pakistani rupees 530afs.

About three weeks ago, one US dollar was exchanged for 131 afghanis, but after the intervention of the central bank and some decisions by the government, the value of the afghani appreciated again.

Based on Pajhwok reports, one US dollar was accounted for 77.20afs and 1,000 Pakistani rupees 480afs this date last year.

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