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Afghani strengthens nearly 10% against US dollar amid banking sector reforms
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Afghani strengthens nearly 10% against US dollar amid banking sector reforms
Afghanistan’s central bank, Da Afghanistan Bank, says the national currency has appreciated by 9.93% against the US dollar during the year 1404, citing steady progress in the country’s financial and banking systems. Officials attributed the gains to cautious monetary policies that have helped stabilise the Afghani against major global currencies while also boosting its value against the dollar. The bank said it has expanded oversight of financia…
·Kabul, Afghanistan
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