The Central Bank of Afghanistan has announced plans to auction $27 million tomorrow.
In a public statement, the bank invited commercial banks, currency exchangers, and money service providers to participate in the auction.
It is worth noting that the Central Bank has conducted multiple dollar auctions in recent days in response to the rising value of the U.S. dollar against the Afghan currency.
These efforts have partially stabilized the exchange rate, and tomorrow’s auction is expected to further reduce the dollar’s value in the market.
