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Food prices down in Kabul as afghani reverses trend

Food prices down in Kabul as afghani reverses trend

May 28, 2015 - 15:37

KABULinfo-icon (Pajhwok): Following an increase in the value of Afghan currency against dollar, the prices of necessary food items and gold edged down during the outgoing week in capital Kabul, market sources said on Thursday.

Moneychanger Mohammad Amin said the buying rate of one US dollar was 59.50afs against last week's 60.50. While 1,000 Pakistani rupees accounted for 565 afs against last week's 581afs.

The afghani has gradually declined against US dollar during the past two years.

Afghanistaninfo-icon Central Bank officials had said the decline in the Afghan currency would be temporary and people should not worry about it.

Fazal Rahman, head of Food Traders' Union, said that raise in the value of afghani against foreign currency caused reduction in prices of necessary food items.

According to his information, the price of 50-kilogram of bag of Pakistani flour decreased from 1,300 afs to 1,250afs, the prices of 24 kilograms of rice declined from 1,650afs to 1,550, 50 kilograms of sugar for 1,700afs, 16 litres of ghee was accounted 980afs compare to its price in last of 1,100 afs and a kilogram of African black tea edged down from 215afs to 210afs.

But a retailer in the Dahan-i-Bagh area of Kabul, Khan Ali, sold a 50-kg bag of flour for 1,350afs, a 50-kg sack of sugar for 1,750afs, a 24-kg bag of rice for 1,800afs, a 16 liter tin of Momin ghee for 1,050afs and one kilogram of black African tea for 260afs, and the same quantity of Indonesian green tea for 230afs.

Abdul Hadi, the owner of a petrol station in Wazirabad, told Pajhwok Afghan News the rate of one litre of petrol was 45af and the same quantity of diesel accounted for 42afs.

But a gas seller in Taimani area, Mohammad Sharif, sold one kilogram of liquefied gas for 35afs as compared to 30afs price last week.

Abdul Baseer, a jeweler in the Lycee Maryam area said price of one gram Arabic gold dipped from 2100afs to 2,000 and the price of same quantity of Russian variety was 1,700, the same price of last week.


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