Afghan central bank injects $15m to stabilise local currency

Afghanistan's central bank injected 15 million US dollars into the local market on Wednesday to boost the national currency, the Afghani.

"The bidders, including moneychangers and private banks, should deposit the necessary money in cash in the form of afghani in the central bank, Da Afghanistan Bank," the central bank said in a statement.

According to the statement, the bank requested that all eligible banks, foreign exchanges, and monetary service providers participate in the auction, reports Xinhua.

The Afghan central bank also auctioned 16 million dollars last month.

The bank, aiming to prevent the fall of Afghani, has injected millions of US dollars into the money-exchange market over the past three years.