Weezha Roz-A meeting chaired by Noor Ahmad Agha, Acting Governor of Da Afghanistan Bank, was held with the heads of commercial banks to discuss the stability of the Afghan currency and the development of the banking sector’s activities.
On its page, Da Afghanistan Bank stated that during this meeting, which was held at the bank’s headquarters, Noor Ahmad Agha emphasized that maintaining the value of the Afghan currency is one of the top priorities of Da Afghanistan Bank, and the bank has been able to protect the value of the Afghan currency by taking necessary measures.
He added that recent changes had occurred in the exchange rate of the Afghan currency against foreign currencies; however, Da Afghanistan Bank was able to restore the market to normal by using sound monetary policy tools and taking the required actions.
Agha stressed that efforts in this area are ongoing, and it is necessary for all relevant institutions to cooperate in full coordination.
He also acknowledged the positive role of commercial banks in the economic development and progress of the country, considering it valuable, and asked the heads of commercial banks to conduct their transactions with the Afghan currency, keeping in mind their national responsibilities.
During this meeting, the heads of commercial banks also pledged to implement the recommendations of Da Afghanistan Bank.
This meeting comes at a time when, on the previous day, the value of the dollar against the Afghan currency suddenly surged, causing the Afghan currency to experience an unprecedented drop.
Weezha Roz
