Afghani Ranks Among Most Stable Currencies, Says Central Bank

Sediqullah Khalid, the First Deputy of Afghanistan’s Central Bank, stated that in recent years, the afghani currency has been recognized as one of the most stable currencies in the region.

He attributed this achievement to the efforts of the Central Bank, the trust of citizens, cooperation from government institutions, and the support of national traders.

Khalid made this statement at an event organized by the Afghanistan Chamber of Commerce and Investment to support the Central Bank in maintaining the stability of the afghani against foreign currencies, particularly the US dollar.

“In recent years, the afghani currency has been among the most stable in the region. This achievement is the result of the Central Bank’s efforts, the trust of citizens, cooperation from government institutions, and the support of national traders,” said Sediqullah Khalid.

Bahram Khan Zadran, the head of the Sarai Shahzada Money Exchange Union, emphasized the importance of the afghani currency, saying: “The afghani is our identity, and no one can escape from it. If we want to be honorable and valued, we must support the afghani.”

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Meanwhile, private sector representatives also stressed their commitment to promoting the use of the afghani in daily transactions.

Mohammad Younus Mohmand, the First Deputy of the Chamber of Commerce and Investment, said: “The people and nation of Afghanistan stand alongside the government and the Central Bank. Maintaining and strengthening the value of the afghani is in our hands, so dear friends, do not worry and strive with trust in God.”

Khanjan Alokozai, a board member of the Chamber of Commerce and Investment, also highlighted the need to prepare for potential economic challenges in the future, stating: “It is the responsibility of traders, the private sector, and the Islamic Emirate to ensure that people do not suffer and that economic stability is maintained.”

Private sector representatives also called for the release of Afghanistan’s frozen foreign reserves by the international community, the facilitation of business visas, the removal of trade barriers with regional and global markets, tax reductions, and support for domestic production by the Islamic Emirate.

This news is sourced from [Tolo News] and is for informational purposes only.