Translation. Region: Russian Federal
Source: People's Republic of China in Russian – People's Republic of China in Russian –
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Source: People's Republic of China – State Council News
KABUL, Aug. 24 (Xinhua) — The Afghan currency has appreciated 21 percent against foreign currencies, especially the U.S. dollar, over the past four years, thanks to strategic monetary policies and expanded global banking links, local media TOLOnews reported Sunday, citing a central bank official.
“Our efforts are aimed at better maintaining the stability of the Afghani and preventing serious fluctuations,” the bank’s representative, Hasibullah Noori, was quoted as saying by the media.
According to him, this achievement is explained by an effective monetary policy aimed at stabilizing the country's economy, strengthening the banking sector and strengthening financial support systems.
These efforts are part of a broader strategy to revive the country's economy. –0–
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