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Afghani dips, oil, gas, gold prices down

Afghani dips, oil, gas, gold prices down

Nov 20, 2014 - 17:01

KABULinfo-icon (Pajhwok): The afghani dipped versus US dollar and prices of petroleum products, liquefied gas, ghee and gold declined during the outgoing week in Kabul, market sources said on Thursday.

Abdul Saboor, a filling station owner in Wazirabad area, told Pajhwok Afghan News one litre of diesel and the same quantity of petrol witnessed two afs and three afs decrease in their rates respectively.

The price of one kilogram of liquefied gas also declined from last week’s 70afs to 65afs, said Mohammad Sharif, a dealer in Taimani neighbourhood. He linked the decline in petroleum and gas prices to global market trends.

However, firewood prices remained stable and there was a decline in ghee price.

Fazl Rahman, the traders’ union head, said a litre of Momen Ghee tin cost 350afs against last week’s 360afs.

A 50-kg bag of Pakistani flour was sold for 1,300afs, a 50-kg bag of sugar for 1,700afs, a 24-kg bag of Pakistani rice for 1,800afs, 1-kg of black African tea for 210afs and the same quantity of Vietnamese green tea for 180afs.

However, wholesale rates varied from retail prices. Khan Ali, a shopkeeper in Dan-e-Bagh area, sold a 50-kg bag of flour for 1,450afs, a 50-kg sack of sugar for 1,900afs, a 24-kg bag of rice for 2200afs, a 5-litre tin of ghee for 440afs, 1-kg green tea for 260afs and 1-kg black tea for 280afs.

The prices of gold also slightly fell during the week as one gram of Arabic gold cost 1,980afs and the Iranian variety 1,600afs against their last week’s 2000afs and 1650afs respectively.

Ahmad Shah, a money exchanger, said the buying rate of one US dollar was 58.10afs and 1000 Pakistani rupees cost 567afs, blaming the afghani’s depreciation on recent instability in the country.



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