In the current fiscal year, the value of the Afghan Afghani has significantly appreciated against major foreign currencies, a development attributed to the effective implementation of monetary policies by the Central Bank of Afghanistan. Compared to the month of Aqrab last year, the Afghani has shown notable growth in value against several key global currencies.

According to recent data, the Afghani has appreciated by 26.19% against the Iranian Rial, 18.34% against the Turkish Lira, 5.04% against the Euro, 2.05% against the US Dollar, 2.09% against the Pakistani Rupee, and 1.32% against the Indian Rupee. This upward trend reflects growing strength in Afghanistan’s financial and economic systems.

The Central Bank of Afghanistan attributes this appreciation mainly to the successful implementation of monetary policies. The Bank has worked to regulate the supply and demand of Afghani in the market to maintain its stability against foreign currencies.

The increase in the value of the Afghani is a positive step toward internal economic stability. A stronger national currency can lower import costs, stabilize domestic prices, and enhance the purchasing power of the population. Moreover, maintaining the Afghani’s stability fosters investor and trader confidence an essential factor for long-term economic growth.

While the appreciation of the Afghani is a promising sign for Afghanistan’s economy, maintaining this stability will require consistent and long-term policy measures. The Central Bank must continue its efforts in implementing effective monetary policies and take further steps to strengthen the national currency and promote sustainable economic development.