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Afghanistan's central bank urges people to use local currency

Published : 18 Sep 2021, 00:13

  DF News Desk
Photo taken on Sept. 16, 2021 shows Da Afghanistan Bank (DAB) in Kabul, capital of Afghanistan. Photo: Xinhua.

Afghanistan's central bank, Da Afghanistan Bank (DAB), has urged people to use local currency in transactions and avoided using foreign currencies, reported Xinhua.

"In accordance with article 33 of the Da Afghanistan Bank law, the Afghanistan currency and its monetary unit is afghani. Therefore, all Afghans, the government and private institutions are requested to use afghani in their contracts, transactions and businesses to improve economic growth," the bank said in a statement posted on social media account.

The announcement came amid the growing use of foreign currencies in some Afghan provinces, including U.S. dollar, Iran's rial and Pakistani rupee.