KABUL, June 27 (Xinhua) -- Afghanistan's central bank Da Afghanistan Bank announced to put on auction 11 million U.S. dollars on Tuesday to keep stable the national currency the afghani.
"The bidders including moneychangers and private banks should deposit the necessary money in cash in afghani in the central bank the Da Afghanistan Bank," the bank's statement said.
Afghanistan's national currency afghani has been tumbling against foreign currencies especially U.S. dollars and the exchange rate of 1 U.S. dollar increased from last week's 88 afghani to 88.5 afghani this week.
In similar efforts, the central bank auctioned 12 million U.S. dollars on June 20 to keep the national currency strong. ■