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Food items up, gold down in Kabul

Food items up, gold down in Kabul

Feb 24, 2011 - 17:28

KABULinfo-icon (PANinfo-icon): Prices of gold declined while rates of flour and other daily-use commodities soared during the outgoing week, retailers said on Thursday.

One gram of Arabian gold accounted for 1,600 afghanis ($35.2578), showing a reduction of 10afs, said Abdul Baseer, a jeweller in the upscale Lisa-i-Maryam locality.

The Iranian variety's price stayed unchanged at 1,400afs. Gold prices in Kabul were affected by international market trends, he told Pajhwok Afghan News.

A 50-kilogram Pakistani flour bag cost 1,000afs, showing a 30afs increase, said the head of Kabul Traders' Union, Fazal Rahman.

Similarly, a 50-kg bag of Pakistani rice accounted for 2,400afs, up from last week's price of 2,200afs. A five-kg can of ghee sold for 320afs, one kg of black African tea for 180afs and one kg of Indonesian tea for 150afs.

One litre of diesel was priced at 53afs and the same amount of petrol at 52afs, according to Noorullah, a private filling station worker in the Baraki neighbourhood.

The buying rate of a US dollar was 46.50afs and 1,000 Pakistani rupees 540afs, both showing a slight increase, moneychanger Ahmad Shah Salehi said.


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