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Nangarhar planning to counter Pakistani currency

Nangarhar planning to counter Pakistani currency

Nov 19, 2015 - 16:05

JALALABAD (Pajhwok): The governor of eastern Nangarhar province on Thursday said an organised strategy was being devised to increase circulation of the Afghan currency and counter the use of Pakistani rupees in local market.

Saleem Khan Kunduzi said this while addressing a meeting of the provincial Economic Commission, according his spokesman, Attaullah Khogyani.

For the last many years, local traders have been using the Pakistani currency to buy or sell goods. But economic experts say the trade in Pakistani currency in Afghanistan markets has a huge negative impact on the country’s economy.

Kunduzi told the meeting that they had started work on formulating a successful and organised policy to keep the afghani circulating.

The governor directed the Nangarhar revenue office and the provincial Da Afghanistan Bank (DAB) chief to cooperate with the provincial administration in devising the proposed plan and creating awareness to make it a success.

Kunduzi said the municipality would also implement its plans in local currency besides setting a standard for companies to do business in the afghani, urging shopkeepers and customers to use the afghani.

Provincial council chief Ahmad Ali supported the governor’s plan and said they were ready to cooperate in every manner they could.

However, he said the issue needed a fundamental solution and it would be difficult to resolve the issue until prices in the bazaar were controlled.

He said the governor’s house and the municipality should first devise a plan how to control prices before working on the issue of Pakistani currency.

Traders Union head Azizur Rahman Arab also said they supported shunning business in foreign currency and were ready to cooperate with the provincial administration in this regard.

He said they had made efforts in this regard in the past as well and had presented recommendations to the government.

He said the Pakistani currency was not only used in Nangarhar but all eastern provinces and the government should take serious measures in this regard. He suggested the way the president issued a decree banning narcotics, he should also decreed a ban on the rupee.

A resident of Behsud district, Imranullah, said the use of the Pakistani currency threatened Afghanistan’s sovereignty and territorial integrity.

“We say we are an independent country and have our own currency then why we use the currency of a rival country,” he asked.

However, a resident of Jalalabad, Khalil, said Afghan traders imported goods they purchased in Pakistani rupees and use to them here in the same currency, something benefitting both the traders and buyers. “If a trader buys a commodity for 100 rupees and he sells it for 100 afghanis, the customer suffers.”



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