Afghanistan, Jan. 28 -- Following the rise in the value of the U.S. dollar against the Afghanistan's currency, the Central bank, under Taliban administration, has announced the auction of $27 million.
The bank stated in a press release on Tuesday, January 28 that this amount will be introduced into the market on Wednesday to stabilize the exchange rate.
The Taliban has invited private banks and financial institutions to participate in the bidding process.
This auction is part of efforts to curb the increasing value of the dollar against the Afghanistan's currency. Just three days ago, the Taliban auctioned $20 million.
The value of the dollar has risen significantly in recent days, with one U.S. dollar now being exchanged for 79 to 80 A...