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Taliban-led Central Bank of Afghanistan To Auction $12 Million

Jun 25, 2022, 14:34 GMT+1

The Taliban-led Central Bank of Afghanistan announced that it would auction USD 12 million on Saturday by inviting eligible private banks and monetary services.

The bank has stressed that auction winners should settle their accounts by the end of Saturday.

Taliban officials at the Central Bank of Afghanistan have auctioned off millions of dollars over the past 10 months to control the value of the Afghanistan currency against the US Dollar.

The Central Bank of Afghanistan has announced that the current exchange rate of 1 US Dollar is equivalent to 80 Afghanis.

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