KABUL - The value of the Afghani currency has increased against US dollar and Pakistani rupee while the rates of flour and sugar dipped during the outgoing week in capital Kabul, market sources said Saturday.
The value of Afghan currency has increased by 1.2 percent against US dollar and 4.4 percent against Pakistani rupee during the last one week.
Haji Mir Hussian Sadaqat, a moneychanger at the Money Exchange Service in Sara-i-Shahzada, said one US dollar was accounted for 77.15 Afghanis and 1,000 Pakistani rupees for 477afs against last week’s 78.15afs and 494afs.
A number of moneychangers in Sara-i-Shahzaha said that the value of Afghani currency was increased after transactions on Pakistani rupees banned in the country, particularly in border provinces.
The campaign for promoting Afghani-only transactions has launched in many provinces including border provinces (Khost, Nangarhar, Laghman and Paktia).
Many provinces sharing border with Pakistan use Pakistani rupees for transactions while provinces bordering Iran use Iranian rial.
On the other hand, the price of Kazakhstani flour and Pakistani sugar dipped.
Mohammad Samim, a wholesaler in Kabul Mandavi Market, told Pajhwok Afghan News that the price of 49 kilograms of Pakistani sugar downed from 2,040afs to 1,950afs and the same quantity of Kazakhstani flour from 1,600afs to 1,550afs.
He said that the prices of the two commodities were decreased due to hike in Afghani currency value against US dollar and Pakistani rupee.
However, he said that 24kg of Pakistani rice cost 2,100afs, 16 liters of Khurshid ghee 1,300afs, a kilogram of Indonesian green tea 300afs and the same quantity of African black tea 320afs, the same rates of last week’s.
Ahmad Mustafa, who owns a grocery store in Taimani area of Kabul, sold a 50-kg sack of Kazakhstani flour for 1,600afs, a 49-kg bag of sugar for 2,100afs, 24-kg of Pakistani rice 2,200afs, a 16-litre tin of ghee for 1,350afs, one-kg of Indonesian green tea for 320afs and the same amount of black African tea for 360afs—higher than wholesale rates.
The price of fuel also stayed stable.
Abdul Hadi, a worker at Wazirabad Fuel Station in Kabul said that the price of a liter of petrol was 50afs and the same quantity of diesel 48afs, same rates of last week’s.
Ahmad Javid, a liquefied gas seller in Taimani area of Kabul said that a kilogram of the commodity cost 65afs, the same rate of last week’s.
Gold rates also remain unchanged.