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Gold, flour prices down in Kabul

Gold, flour prices down in Kabul

May 26, 2011 - 17:24

KABULinfo-icon (PANinfo-icon): Prices of gold and flour edged down in Kabul, where rates of rice, sugar and oil increased during the outgoing week, retailers said on Thursday.

One gram of Arabian gold accounted for 1,900 afs ($40) and the same amount of the Iranian variety for 1,600 afs, said jeweller in the upscale Lisa-i-Maryam locality.

Last week's prices of the gold varieties were 1,950 and 1650 afs respectively, Abdul Baseer told Pajhwok Afghan News. The fall was linked to the bearish international market trend.

The price of a 50-kilogram flour bag fell from 960 afghanis ($21) to 940 afs while the same quantity of sugar jumped from 2,000 afs to 2030 afs, the food traders' union head said.

A 50-kilogram sack of rice rose in value from 2,260 afs to 2,300 afs, Fazal Rahman told Pajhwok Afghan News. A five-kilogram tin sold for 335 afs, one kg of black tea for 185 afs and the same amount of green tea for 155 afs.

Owner of a filling station in the Saleem Karwan locality of Kabul, Noorullah, said the price of one litre of petrol jumped from 55 afs to 58 afs and the same amount of diesel from 56 afs to 59 afs.

The rate of liquefied petroleum gas remained unchanged at 45 afs, said a gas seller in the Taimani neighbourhood.

The buying rate of a US dollar was 46.38 afs and 1,000 Pakistani rupees 540 afs, moneychanger Syed Shafiq said. Last week's exchange value of the dollar stood at 46.20 afs and 1,000 Pakistani rupees at 535afs.



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